PPP Loan Data — Boulder Associates, A Professional Corporation, Boulder, CO
Boulder Associates, A Professional Corporation is a corporation located at 1426 Pearl St in Boulder, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,517,500.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 129 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF COLORADO
Boulder Associates, A Professional Corporation received a Paycheck Protection Loan of $2.52M through BANK OF COLORADO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Boulder Associates, A Professional Corporation's total 2019 payroll expenses were approximately $12.08M in order to qualify for the PPP loan amount received.
Based on their reported 129 jobs retained, this equals an estimated average yearly compensation of $93,674 per employee1.
Business Information - Boulder Associates, A Professional Corporation in Boulder, CO
1426 Pearl St
Boulder, CO 80302
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CO-02
Similar Companies near Boulder
In the Boulder area, 36 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 129) and received an average PPP loan of $187,959 (compared to this company's $2.52M).
Similar Nearby Businesses Who Received PPP Funding:
505Design Charlotte, Inc
MKL Architecture PC
Arch 11, Inc.
George Watt Architecture
Michael Kelly Architecture
Kyle Callahan Architecture, Inc.
PEH Architects Inc
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 94% lower than Boulder Associates, A Professional Corporation's reported 129 employees, and received an average PPP loan of $149,750, 94% lower than this company's loan of $2.52M.
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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