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PPP Loan Data — Camblin Steel Service, Inc., Rocklin, CA

SBA PPP loan data, payroll data, and salaries for Camblin Steel Service, Inc.
CA

Camblin Steel Service, Inc.

Entity: Corporation

Industry: Poured Concrete Foundation and Structure Contractors

Location: Rocklin, CA

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Camblin Steel Service, Inc. is a corporation located at 4175 Cincinnati Ave in Rocklin, California that received a Coronavirus-related PPP loan from the SBA of $4,375,300.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 249 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$4.38M

Jobs Retained:

249

Loan Approved:

2020-04-04

Lender:

FIRST FOUNDATION BANK

Camblin Steel Service, Inc. in Rocklin, CA received a Paycheck Protection Loan of $4.38M through FIRST FOUNDATION BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Camblin Steel Service, Inc.'s total 2019 payroll expenses were approximately $21M in order to qualify for the PPP loan amount received.

Based on their reported 249 jobs retained, this equals an estimated average yearly compensation of $84,343 per employee1.

Because the loan received by Camblin Steel Service, Inc. 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 - Camblin Steel Service, Inc. in Rocklin, CA

Camblin Steel Service, Inc.
4175 Cincinnati Ave
Rocklin, CA 95765

Business Industry

Poured Concrete Foundation and Structure Contractors (NAICS code 238110)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: CA-04

Similar Companies near Rocklin

In the Rocklin area, 2 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a PPP loan. These local businesses reported an average of 126 employees (compared to this company's 249) and received an average PPP loan of $2,190,040 (compared to this company's $4.38M).

Similar Nearby Businesses Who Received PPP Funding:

Thomas Egan Wendt DBA Tcw Concrete
Rocklin, CA

$4,780 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 12,254 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $2,172,253,420.00 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 14 employees, 94% lower than Camblin Steel Service, Inc.'s reported 249 employees, and received an average PPP loan of $177,269, 96% lower than this company's loan of $4.38M.

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/camblin-steel-service-inc-rocklin-ca