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PPP Loan Data — Cascadian Building Maintenance, LTD, Bellevue, WA

SBA PPP loan data, payroll data, and salaries for Cascadian Building Maintenance, LTD
WA

Cascadian Building Maintenance, LTD

Entity: Corporation

Industry: Other Personal and Household Goods Repair and Maintenance

Location: Bellevue, WA

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Cascadian Building Maintenance, LTD is a corporation located at 1331 118th Ave Se Suite 100 in Bellevue, Washington that received a Coronavirus-related PPP loan from the SBA of $3,275,000.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 250 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.28M

Jobs Retained:

250

Loan Approved:

2020-04-04

Lender:

UMPQUA BANK

Cascadian Building Maintenance, LTD in Bellevue, WA received a Paycheck Protection Loan of $3.28M through UMPQUA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Cascadian Building Maintenance, LTD's total 2019 payroll expenses were approximately $15.72M in order to qualify for the PPP loan amount received.

Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $62,880 per employee1.

Because the loan received by Cascadian Building Maintenance, LTD 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 - Cascadian Building Maintenance, LTD in Bellevue, WA

Cascadian Building Maintenance, LTD
1331 118th Ave Se Suite 100
Bellevue, WA 98005

Business Industry

Other Personal and Household Goods Repair and Maintenance (NAICS code 811490)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: WA-09

Similar Companies near Bellevue

In the Bellevue area, 3 businesses in the "Other Personal and Household Goods Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 85 employees (compared to this company's 250) and received an average PPP loan of $1,110,736 (compared to this company's $3.28M).

Industry PPP Comparison Statistics

Nationwide, 9,496 businesses in the "Other Personal and Household Goods Repair and Maintenance" industry received a total of $387,422,684.00 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 5 employees, 98% lower than Cascadian Building Maintenance, LTD's reported 250 employees, and received an average PPP loan of $40,799, 99% lower than this company's loan of $3.28M.

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/cascadian-building-maintenance-ltd-bellevue-wa