PPP Loan Data — Calkin Real Estate Services Inc, Sacramento, CA
Calkin Real Estate Services Inc is a subchapter s corporation located at 709 Whitehall Way in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $24,963.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:American Express National Bank
Calkin Real Estate Services Inc in Sacramento, CA received a Paycheck Protection Loan of $24,963 through American Express National Bank, 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 April, 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, Calkin Real Estate Services Inc's 2019 payroll expenses are estimated to be at least $119,822.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $59,911 per employee1
Reported PPP Proceed Usage:
On the PPP application, Calkin Real Estate Services Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,963
Business Information - Calkin Real Estate Services Inc in Sacramento, CA
709 Whitehall Way
Sacramento, CA 95864
Offices of Real Estate Appraisers
NAICS code 531320
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sacramento
In the Sacramento area, 3 businesses in the "Offices of Real Estate Appraisers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 2) and received an average PPP loan of $19,882 (compared to this company's $24,963).
Similar Nearby Businesses Who Received PPP Funding:
Silva's Norcal Appraisals
Nancy E Ferguson Inc
Industry PPP Comparison Statistics
Nationwide, 12,073 businesses in the "Offices of Real Estate Appraisers" industry received a total of $370.48M 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, 50% higher than Calkin Real Estate Services Inc's reported 2 employees, and received an average PPP loan of $30,687, 23% higher than this company's loan of $24,963.
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Footnotes & Information
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