PPP Loan Data — Cline Cellars Inc, Sonoma, CA
Cline Cellars Inc is a corporation located at 24737 Arnold Dr in Sonoma, California that received a Coronavirus-related PPP loan from the SBA of $3,297,400.00 in April, 2020.
$ PPP Loan Information
Cline Cellars Inc in Sonoma, CA received a Paycheck Protection Loan of $3.3M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Cline Cellars Inc's total 2019 payroll expenses were approximately $15.83M in order to qualify for the PPP loan amount received.
Based on their reported 369 jobs retained, this equals an estimated average yearly compensation of $42,893 per employee1.
Business Information - Cline Cellars Inc in Sonoma, CA
24737 Arnold Dr
Sonoma, CA 95476
Wineries (NAICS code 312130)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-05
Similar Companies near Sonoma
In the Sonoma area, 44 businesses in the "Wineries" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 369) and received an average PPP loan of $277,398 (compared to this company's $3.3M).
Similar Nearby Businesses Who Received PPP Funding:
Carneros Vintners, Inc.
Gmic Vineyards, LLC
Larson Family Winery, Inc.
Hamel Family Wines LLC
16600 Cellars LLC
Vintage Point, LLC
Bliss Canyon Winery, Inc.
Lodi Vintners, Inc.
Industry PPP Comparison Statistics
Nationwide, 3,478 businesses in the "Wineries" industry received a total of $396,941,837.00 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, 97% lower than Cline Cellars Inc's reported 369 employees, and received an average PPP loan of $114,129, 97% lower than this company's loan of $3.3M.
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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