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PPP Loan Data — California Waste Recovery Systems, LLC, Galt, CA

SBA PPP loan data, payroll data, and salaries for California Waste Recovery Systems, LLC
CA

California Waste Recovery Systems, LLC

Entity: Limited Liability Company (LLC)

Industry: Hazardous Waste Treatment and Disposal

Location: Galt, CA

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California Waste Recovery Systems, LLC is a limited liability company (LLC) located at 175 Enterprise Court, Suite A in Galt, California that received a Coronavirus-related PPP loan from the SBA of $2,474,951.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.47M

Jobs Retained:

182

Loan Approved:

2020-04-28

Lender:

MUFG UNION BANK, NATIONAL ASSOCIATION

California Waste Recovery Systems, LLC in Galt, CA received a Paycheck Protection Loan of $2.47M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, California Waste Recovery Systems, LLC's total 2019 payroll expenses were approximately $11.88M in order to qualify for the PPP loan amount received.

Based on their reported 182 jobs retained, this equals an estimated average yearly compensation of $65,273 per employee1.

Because the loan received by California Waste Recovery Systems, LLC 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 - California Waste Recovery Systems, LLC in Galt, CA

California Waste Recovery Systems, LLC
175 Enterprise Court, Suite A
Galt, CA 95632

Business Industry

Hazardous Waste Treatment and Disposal (NAICS code 562211)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-09

Similar Companies near Galt

In the Galt area, 2 businesses in the "Hazardous Waste Treatment and Disposal" industry received a PPP loan. These local businesses reported an average of 98 employees (compared to this company's 182) and received an average PPP loan of $1,329,476 (compared to this company's $2.47M).

Similar Nearby Businesses Who Received PPP Funding:

Sunshine Gambi, LLC
Galt, CA

$184,000 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 422 businesses in the "Hazardous Waste Treatment and Disposal" industry received a total of $105,153,915.00 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 19 employees, 90% lower than California Waste Recovery Systems, LLC's reported 182 employees, and received an average PPP loan of $249,180, 90% lower than this company's loan of $2.47M.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/california-waste-recovery-systems-llc-galt-ca