PPP Loan Data — Camblin Steel Service, Inc., Rocklin, CA
Camblin Steel Service, Inc.
Location: Rocklin, CATweet This • Search All PPP Data
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
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.
Business Information - Camblin Steel Service, Inc. in Rocklin, CA
4175 Cincinnati Ave
Rocklin, CA 95765
Poured Concrete Foundation and Structure Contractors (NAICS code 238110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional 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
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.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!