PPP Loan Data — Camcor Plumbing And Water Treatment LLC, Mesa, AZ
Camcor Plumbing And Water Treatment LLC
Entity: Limited Liability Company (LLC)
Location: Mesa, AZTweet This • Search All PPP Data
Camcor Plumbing And Water Treatment LLC is a limited liability company (LLC) located at 1428 S Norwalk Cir in Mesa, Arizona that received a Coronavirus-related PPP loan from the SBA of $46,080.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
Camcor Plumbing And Water Treatment LLC in Mesa, AZ received a Paycheck Protection Loan of $46,080 through JPMorgan Chase Bank, National Association, which was approved in May, 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 February, 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, Camcor Plumbing And Water Treatment LLC's 2019 payroll expenses are estimated to be at least $221,184.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $73,728 per employee1
Reported PPP Proceed Usage:
On the PPP application, Camcor Plumbing And Water Treatment LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $39,000
- Utilities: $2,580
- Rent: $4,500
Business Information - Camcor Plumbing And Water Treatment LLC in Mesa, AZ
1428 S Norwalk Cir
Mesa, AZ 85206
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Mesa
In the Mesa area, 41 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 3) and received an average PPP loan of $104,023 (compared to this company's $46,080).
Similar Nearby Businesses Who Received PPP Funding:
Jon Robinson's Solar And Plumbing LLC
Jmac Heating Cooling Inc
Crandall Plumbing LLC
Blue Phoenic Mechanical, Inc
Lewis And Sons Air Conditioning Inc
John D'ambrosio Plumbing, LLC
Industry PPP Comparison Statistics
Nationwide, 105,811 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.07B 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 10 employees, 233% higher than Camcor Plumbing And Water Treatment LLC's reported 3 employees, and received an average PPP loan of $123,520, 168% higher than this company's loan of $46,080.
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