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PPP Loan Data — Certified Aviation Services LLC,
Ontario, CA
Certified Aviation Services LLC
Entity: Limited Liability Company (LLC)
Industry: Other Support Activities for Air Transportation
Location: Ontario, CA
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Certified Aviation Services LLC is a limited liability company (LLC) located at 1150 S Vineyard Ave in Ontario, California that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in January, 2021.
The company has reported itself as a male owned business, and employed at least 250 people during the applicable loan loan period.
$
PPP Loan Information
Loan #9269768304
Loan Size:
Jobs Retained:
250Loan Approved:
2021-01-30Loan Status:
Paid in Full or ForgivenLender:
Pacific Western BankCertified Aviation Services LLC in Ontario, CA received a Paycheck Protection Loan of $2M through Pacific Western Bank, which was approved in January, 2021.
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 November, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Certified Aviation Services LLC's 2019 payroll expenses are estimated to be at least $9.6M.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $38,400 per employee1
Reported PPP Proceed Usage:
On the PPP application, Certified Aviation Services LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,999,995
- Utilities: $1
Business Information - Certified Aviation Services LLC in Ontario, CA
1150 S Vineyard Ave
Ontario, CA 91761
Business Industry:
Other Support Activities for Air Transportation
NAICS code 488190
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Male Owned
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Businesses Using Same Address:
There are 3 other businesses that received a PPP loan registered to the same address as Certified Aviation Services LLC.
JET Zone
Other Support Activities for Air Transportation
JET Zone Inc
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Plane Fetch LLC
Other Support Activities for Air Transportation
Similar Companies near Ontario
In the Ontario area, 4 businesses in the "Other Support Activities for Air Transportation" industry received a PPP loan. These local businesses reported an average of 161 employees (compared to this company's 250) and received an average PPP loan of $1,490,426 (compared to this company's $2M).
Similar Nearby Businesses Who Received PPP Funding:
JET Zone
Ontario, CA
Plane Fetch LLC
Ontario, CA
Industry PPP Comparison Statistics
Nationwide, 3,408 businesses in the "Other Support Activities for Air Transportation" industry received a total of $514.79M 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 14 employees, 94% lower than Certified Aviation Services LLC's reported 250 employees, and received an average PPP loan of $151,054, 92% lower than this company's loan of $2M.
Certified Aviation Services, LLC
Entity: Limited Liability Company (LLC)
Industry: Other Support Activities for Air Transportation
Location: Ontario, CA
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Certified Aviation Services, LLC is a limited liability company (LLC) located at 1150 Vineyard Ave in Ontario, California that received a Coronavirus-related PPP loan from the SBA of $3,902,120.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 389 people during the applicable loan loan period.
$
PPP Loan Information
Loan #7202777209
Loan Size:
Jobs Retained:
389Loan Approved:
2020-04-28Loan Status:
Paid in Full or ForgivenLender:
Pacific Western BankCertified Aviation Services, LLC in Ontario, CA received a Paycheck Protection Loan of $3.9M through Pacific Western Bank, which was approved in April, 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 August, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Certified Aviation Services, LLC's 2019 payroll expenses are estimated to be at least $18.73M.
Based on their reported 389 jobs retained, this equals an estimated average yearly compensation of $48,150 per employee1
Reported PPP Proceed Usage:
On the PPP application, Certified Aviation Services, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,902,120
Business Information - Certified Aviation Services, LLC in Ontario, CA
1150 Vineyard Ave
Ontario, CA 91761
Business Industry:
Other Support Activities for Air Transportation
NAICS code 488190
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Male Owned
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: N
Rural / Urban: Urban
Similar Companies near Ontario
In the Ontario area, 4 businesses in the "Other Support Activities for Air Transportation" industry received a PPP loan. These local businesses reported an average of 161 employees (compared to this company's 389) and received an average PPP loan of $1,490,426 (compared to this company's $3.9M).
Similar Nearby Businesses Who Received PPP Funding:
JET Zone
Ontario, CA
Plane Fetch LLC
Ontario, CA
Industry PPP Comparison Statistics
Nationwide, 3,408 businesses in the "Other Support Activities for Air Transportation" industry received a total of $514.79M 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 14 employees, 96% lower than Certified Aviation Services, LLC's reported 389 employees, and received an average PPP loan of $151,054, 96% lower than this company's loan of $3.9M.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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