PPP Loan Data — CAF Management, LLC, Frisco, TX
CAF Management, LLC
Entity: Limited Liability Company (LLC)
Location: Frisco, TXTweet This • Search All PPP Data
CAF Management, LLC is a limited liability company (LLC) located at 2600 Network Blvd in Frisco, Texas that received a Coronavirus-related PPP loan from the SBA of $2,765,782.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
CAF Management, LLC in Frisco, TX received a Paycheck Protection Loan of $2.77M through Origin Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, CAF Management, LLC's 2019 payroll expenses are estimated to be at least $13.28M.
Based on their reported 328 jobs retained, this equals an estimated average yearly compensation of $40,475 per employee1
Reported PPP Proceed Usage:
On the PPP application, CAF Management, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,074,336
- Health Care: $691,446
Business Information - CAF Management, LLC in Frisco, TX
2600 Network Blvd
Frisco, TX 75034
Administrative Management and General Management Consulting Services
NAICS code 541611
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Frisco
In the Frisco area, 138 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 328) and received an average PPP loan of $69,820 (compared to this company's $2.77M).
Similar Nearby Businesses Who Received PPP Funding:
Intra Management Solutions, Inc
S Goodwin And Co LLC
Ashley Paige Gordon
Industry PPP Comparison Statistics
Nationwide, 94,773 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.51B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 5 employees, 98% lower than CAF Management, LLC's reported 328 employees, and received an average PPP loan of $58,139, 98% lower than this company's loan of $2.77M.
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Footnotes & Information
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