PPP Loan Data — Calderon Automotive Repair Services Inc, Orlando, FL
Calderon Automotive Repair Services Inc
Entity: Subchapter S Corporation
Location: Orlando, FLTweet This • Search All PPP Data
Calderon Automotive Repair Services Inc is a subchapter s corporation located at 6363 East Colonial Drive Ste D in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $24,900.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Calderon Automotive Repair Services Inc in Orlando, FL received a Paycheck Protection Loan of $24,900 through Fairwinds CU, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in June, 2021.
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, Calderon Automotive Repair Services Inc's 2019 payroll expenses are estimated to be at least $119,520.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $23,904 per employee1
Reported PPP Proceed Usage:
On the PPP application, Calderon Automotive Repair Services Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,900
Business Information - Calderon Automotive Repair Services Inc in Orlando, FL
6363 East Colonial Drive Ste D
Orlando, FL 32807
Other Automotive Mechanical and Electrical Repair and Maintenance
NAICS code 811118
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Orlando
In the Orlando area, 34 businesses in the "Other Automotive Mechanical and Electrical Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 5) and received an average PPP loan of $17,164 (compared to this company's $24,900).
Similar Nearby Businesses Who Received PPP Funding:
Advanced Outboard Marine LLC
General Mechanics And Autobody LLC
Michael Eusebio Ponce
Industry PPP Comparison Statistics
Nationwide, 22,608 businesses in the "Other Automotive Mechanical and Electrical Repair and Maintenance" industry received a total of $645.02M 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 3 employees, 40% lower than Calderon Automotive Repair Services Inc's reported 5 employees, and received an average PPP loan of $28,531, 15% higher than this company's loan of $24,900.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!