PPP Loan Data — Bob's Heating & Air Conditioning LLC, Woodinville, WA
Bob's Heating & Air Conditioning LLC
Entity: Limited Liability Company (LLC)
Location: Woodinville, WATweet This • Search All PPP Data
Bob's Heating & Air Conditioning LLC is a limited liability company (LLC) located at 14148 Ne 190th St in Woodinville, Washington that received a Coronavirus-related PPP loan from the SBA of $4,419,400.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WASHINGTON TRUST BANK
Bob's Heating & Air Conditioning LLC received a Paycheck Protection Loan of $4.42M through WASHINGTON TRUST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bob's Heating & Air Conditioning LLC's total 2019 payroll expenses were approximately $21.21M in order to qualify for the PPP loan amount received.
Unlike most businesses, Bob's Heating & Air Conditioning LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Bob's Heating & Air Conditioning LLC in Woodinville, WA
14148 Ne 190th St
Woodinville, WA 98072
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-01
Similar Companies near Woodinville
In the Woodinville area, 8 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 0) and received an average PPP loan of $1,074,065 (compared to this company's $4.42M).
Similar Nearby Businesses Who Received PPP Funding:
AA Plumbing & Drain Team Inc
Johansen Mechanical, Inc.
Bassett Home Heating
JD Plumbing & Fire Protection Inc
Discount Rooter Plumbing Inc
Tri-State Plumbing, Inc.
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, and received an average PPP loan of $154,981, 96% lower than this company's loan of $4.42M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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