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PPP Loan Data — Caledonia Carting Services Inc,
Brooklyn, NY
Caledonia Carting Services Inc
Entity: Corporation
Industry: Remediation Services
Location: Brooklyn, NY
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Caledonia Carting Services Inc is a corporation located at 59 Kent Street 5b in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $4,482,443.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
402Loan Approved:
2020-04-10Lender:
DIME COMMUNITY BANKCaledonia Carting Services Inc received a Paycheck Protection Loan of $4.48M through DIME COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Caledonia Carting Services Inc's total 2019 payroll expenses were approximately $21.52M in order to qualify for the PPP loan amount received.
Based on their reported 402 jobs retained, this equals an estimated average yearly compensation of $53,522 per employee1.
Business Information - Caledonia Carting Services Inc in Brooklyn, NY
59 Kent Street 5b
Brooklyn, NY 11222
Business Industry
Remediation Services (NAICS code 562910)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-12Similar Companies near Brooklyn
In the Brooklyn area, 5 businesses in the "Remediation Services" industry received a PPP loan. These local businesses reported an average of 108 employees (compared to this company's 402) and received an average PPP loan of $1,177,400 (compared to this company's $4.48M).
Similar Nearby Businesses Who Received PPP Funding:
Jabco Contracting, Inc
Brooklyn, NY
Delta Enviroental Inc
Brooklyn, NY
ARC Contracting Inc
Brooklyn, NY
Environmental Technology System Inc
Brooklyn, NY
Industry PPP Comparison Statistics
Nationwide, 2,317 businesses in the "Remediation Services" industry received a total of $566,106,367.00 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 17 employees, 96% lower than Caledonia Carting Services Inc's reported 402 employees, and received an average PPP loan of $244,327, 95% lower than this company's loan of $4.48M.
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.
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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