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PPP Loan Data — Central Valley Builders Supply, Napa, CA

SBA PPP loan data, payroll data, and salaries for Central Valley Builders Supply
CA

Central Valley Builders Supply

Entity: Subchapter S Corporation

Industry: Other Building Material Dealers

Location: Napa, CA

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Central Valley Builders Supply is a subchapter s corporation located at 1804 Soscol Ave #205 in Napa, California that received a Coronavirus-related PPP loan from the SBA of $3,816,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.82M

Jobs Retained:

242

Loan Approved:

2020-04-10

Lender:

COMERICA BANK

Central Valley Builders Supply received a Paycheck Protection Loan of $3.82M through COMERICA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Central Valley Builders Supply's total 2019 payroll expenses were approximately $18.32M in order to qualify for the PPP loan amount received.

Based on their reported 242 jobs retained, this equals an estimated average yearly compensation of $75,691 per employee1.

Because the loan received by Central Valley Builders Supply 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 - Central Valley Builders Supply in Napa, CA

Central Valley Builders Supply
1804 Soscol Ave #205
Napa, CA 94559

Business Industry

Other Building Material Dealers (NAICS code 444190)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-05

Similar Companies near Napa

In the Napa area, 2 businesses in the "Other Building Material Dealers" industry received a PPP loan. These local businesses reported an average of 124 employees (compared to this company's 242) and received an average PPP loan of $1,935,068 (compared to this company's $3.82M).

Similar Nearby Businesses Who Received PPP Funding:

Concrete Profits, Inc.
Napa, CA

$54,035 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 7,624 businesses in the "Other Building Material Dealers" industry received a total of $1,126,038,672.00 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 12 employees, 95% lower than Central Valley Builders Supply's reported 242 employees, and received an average PPP loan of $147,697, 96% lower than this company's loan of $3.82M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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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/central-valley-builders-supply-napa-ca