PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Coastal International Holdings LLC, Incline Village, NV

SBA PPP loan data, payroll data, and salaries for Coastal International Holdings LLC
NV

Coastal International Holdings LLC

Entity: Limited Liability Company (LLC)

Industry: Convention and Trade Show Organizers

Location: Incline Village, NV

Search All PPP Data

Coastal International Holdings LLC is a limited liability company (LLC) located at 774 Mays Blvd in Incline Village, Nevada that received a Coronavirus-related PPP loan from the SBA of $2,726,400.00 in July, 2020.

$ PPP Loan Information

Loan Size:

$2.73M

Jobs Retained:

189

Loan Approved:

2020-07-07

Lender:

UMPQUA BANK

Coastal International Holdings LLC in Incline Village, NV received a Paycheck Protection Loan of $2.73M through UMPQUA BANK, which was approved in July, 2020.

Based on standard PPP eligibility rules, Coastal International Holdings LLC's total 2019 payroll expenses were approximately $13.09M in order to qualify for the PPP loan amount received.

Based on their reported 189 jobs retained, this equals an estimated average yearly compensation of $69,242 per employee1.

Because the loan received by Coastal International Holdings LLC 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 - Coastal International Holdings LLC in Incline Village, NV

Coastal International Holdings LLC
774 Mays Blvd
Incline Village, NV 89451

Business Industry

Convention and Trade Show Organizers (NAICS code 561920)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NV-02

Industry PPP Comparison Statistics

Nationwide, 3,296 businesses in the "Convention and Trade Show Organizers" industry received a total of $335,312,943.00 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 8 employees, 96% lower than Coastal International Holdings LLC's reported 189 employees, and received an average PPP loan of $101,733, 96% lower than this company's loan of $2.73M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/coastal-international-holdings-llc-incline-village-nv