PPP Loan Data — Cdbk Limited LLC, Glendale, AZ
Cdbk Limited LLC is a limited liability company (LLC) located at 7020 N 55th Ave in Glendale, Arizona that received a Coronavirus-related PPP loan from the SBA of $3,708,430.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Cdbk Limited LLC in Glendale, AZ received a Paycheck Protection Loan of $3.71M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Cdbk Limited LLC's total 2019 payroll expenses were approximately $17.8M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $35,601 per employee1.
Business Information - Cdbk Limited LLC in Glendale, AZ
7020 N 55th Ave
Glendale, AZ 85301
Janitorial Services (NAICS code 561720)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-07
Similar Companies near Glendale
In the Glendale area, 8 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 86 employees (compared to this company's 500) and received an average PPP loan of $561,559 (compared to this company's $3.71M).
Similar Nearby Businesses Who Received PPP Funding:
Impact America Inc
MGM Sweeping LLC
A&E Pressure Washing And Cam Services Ll
Northern Chemical Company
DHL Landscape Maintenance LLC
Bio-Janitorial Service Inc
Industry PPP Comparison Statistics
Nationwide, 31,508 businesses in the "Janitorial Services" industry received a total of $2,265,370,248.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 98% lower than Cdbk Limited LLC's reported 500 employees, and received an average PPP loan of $71,898, 98% lower than this company's loan of $3.71M.
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.
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