PPP Loan Data — Cacique, Inc, 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
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.
Business Information - Cacique, Inc in Monrovia, CA
800 Royal Oaks Drive, Suite 200
Monrovia, CA 91016
Cheese Manufacturing (NAICS code 311513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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.
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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