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PPP Loan Data — Clairvoyant Brewing Company LLC,
Boise, ID
Clairvoyant Brewing Company LLC
Entity: Limited Liability Company (LLC)
Industry: Drinking Places (Alcoholic Beverages)
Location: Boise, ID
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Clairvoyant Brewing Company LLC is a limited liability company (LLC) located at 2800 W Idaho St in Boise, Idaho that received a Coronavirus-related PPP loan from the SBA of $34,562.00 in January, 2021.
$
PPP Loan Information
Loan #7442158304
Loan Size:
Jobs Retained:
8Loan Approved:
2021-01-28Loan Status:
Ongoing LoanLender:
First Interstate BankClairvoyant Brewing Company LLC in Boise, ID received a Paycheck Protection Loan of $34,562 through First Interstate Bank, which was approved in January, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Clairvoyant Brewing Company LLC's 2019 payroll expenses are estimated to be at least $165,898.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $20,737 per employee1
Reported PPP Proceed Usage:
On the PPP application, Clairvoyant Brewing Company LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $34,559
- Utilities: $1
Business Information - Clairvoyant Brewing Company LLC in Boise, ID
2800 W Idaho St
Boise, ID 83702
Business Industry:
Drinking Places (Alcoholic Beverages)
NAICS code 722410
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Boise
In the Boise area, 54 businesses in the "Drinking Places (Alcoholic Beverages)" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 8) and received an average PPP loan of $63,455 (compared to this company's $34,562).
Similar Nearby Businesses Who Received PPP Funding:
Scout LLC
Boise, ID
Torch Cafe' & Lounge
Boise, ID
The Cocktail Co. LLC
Boise, ID
Neurolux, Inc
Boise, ID
Just A Breeze, Inc
Boise, ID
D.d.t Enterprises, Inc
Boise, ID
The Atlas Bar LLC
Boise, ID
Camel's Crossing, LLC
Boise, ID
The Vincent Corp
Boise, ID
Industry PPP Comparison Statistics
Nationwide, 46,392 businesses in the "Drinking Places (Alcoholic Beverages)" industry received a total of $2.8B 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 12 employees, 50% higher than Clairvoyant Brewing Company LLC's reported 8 employees, and received an average PPP loan of $60,256, 74% higher than this company's loan of $34,562.
Clairvoyant Brewing Company LLC
Entity: Limited Liability Company (LLC)
Industry: Breweries
Location: Boise, ID
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Clairvoyant Brewing Company LLC is a limited liability company (LLC) located at 2800 W. Idaho Street in Boise, Idaho that received a Coronavirus-related PPP loan from the SBA of $24,688.00 in April, 2020.
$
PPP Loan Information
Loan #2636307202
Loan Size:
Jobs Retained:
7Loan Approved:
2020-04-16Loan Status:
Paid in Full or ForgivenLender:
First Interstate BankClairvoyant Brewing Company LLC in Boise, ID received a Paycheck Protection Loan of $24,688 through First Interstate 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 February, 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, Clairvoyant Brewing Company LLC's 2019 payroll expenses are estimated to be at least $118,502.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $16,929 per employee1
Reported PPP Proceed Usage:
On the PPP application, Clairvoyant Brewing Company LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,688
Business Information - Clairvoyant Brewing Company LLC in Boise, ID
2800 W. Idaho Street
Boise, ID 83702
Business Industry:
Breweries
NAICS code 312120
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Boise
In the Boise area, 8 businesses in the "Breweries" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 7) and received an average PPP loan of $96,799 (compared to this company's $24,688).
Similar Nearby Businesses Who Received PPP Funding:
Bogus Brewing Inc
Boise, ID
Woodland Empire Ale Craft Inc
Boise, ID
Cloud 9 Brewery, LLC
Boise, ID
Payette Brewing Company LLC
Boise, ID
Montucky Brewing LLC
Boise, ID
Industry PPP Comparison Statistics
Nationwide, 5,416 businesses in the "Breweries" industry received a total of $608.13M 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 17 employees, 143% higher than Clairvoyant Brewing Company LLC's reported 7 employees, and received an average PPP loan of $112,285, 355% higher than this company's loan of $24,688.
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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