Cacique, Inc in Monrovia, CA - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Cacique, Inc, Monrovia, CA

Cacique, Inc

Entity: Subchapter S Corporation

Industry: Cheese Manufacturing

Location: Monrovia, CA

Cacique, Inc is a subchapter s corporation located at 800 Royal Oaks Drive, Suite 200 in Monrovia, California that received a Coronavirus-related PPP loan from the SBA of $5,558,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.56M

Jobs Retained:

459

Loan Approved:

2020-04-08

Lender:

BMO HARRIS BANK NATIONAL ASSOCIATION

Cacique, Inc in Monrovia, CA received a Paycheck Protection Loan of $5.56M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Cacique, Inc's total 2019 payroll expenses were approximately $26.68M in order to qualify for the PPP loan amount received.

Based on their reported 459 jobs retained, this equals an estimated average yearly compensation of $58,125 per employee¹.

Because the loan received by Cacique, Inc 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 - Cacique, Inc in Monrovia, CA

Cacique, Inc
800 Royal Oaks Drive, Suite 200
Monrovia, CA 91016

Business Industry

Cheese Manufacturing (NAICS code 311513)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-32

Industry PPP Comparison Statistics

Nationwide, 311 businesses in the "Cheese Manufacturing" industry received a total of $145,482,305.00 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 37 employees, 92% lower than Cacique, Inc's reported 459 employees, and received an average PPP loan of $467,789, 92% lower than this company's loan of $5.56M.

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, 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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