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PPP Loan Data — Boulder Associates, A Professional Corporation, Boulder, CO

SBA PPP loan data, payroll data, and salaries for Boulder Associates, A Professional Corporation
CO

Boulder Associates, A Professional Corporation

Entity: Corporation

Industry: Architectural Services

Location: Boulder, CO

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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

Loan Size:

$2.52M

Jobs Retained:

129

Loan Approved:

2020-04-27

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.

Because the loan received by Boulder Associates, A Professional Corporation is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Boulder Associates, A Professional Corporation in Boulder, CO

Boulder Associates, A Professional Corporation
1426 Pearl St
Boulder, CO 80302

Business Industry

Architectural Services (NAICS code 541310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: Unreported

Congressional 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).

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/boulder-associates-a-professional-corporation-boulder-co