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PPP Loan Data — Coleman Investments LLC, Seattle, WA

SBA PPP loan data, payroll data, and salaries for Coleman Investments LLC
WA

Coleman Investments LLC

Entity: Subchapter S Corporation

Industry: Residential Property Managers

Location: Seattle, WA

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Coleman Investments LLC is a subchapter s corporation located in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $14,250.00 in April, 2020.

$ PPP Loan Information
Loan #3473877110

Loan Size:

$14,250

Jobs Retained:

1

Loan Approved:

2020-04-11

Loan Status:

Paid in Full or Forgiven

Lender:

KeyBank National Association

Coleman Investments LLC in Seattle, WA received a Paycheck Protection Loan of $14,250 through KeyBank National Association, 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 May, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Coleman Investments LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $14,250

Business Information - Coleman Investments LLC in Seattle, WA

Coleman Investments LLC
Seattle, WA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Residential Property Managers
NAICS code 531311

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age:

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

King County, WA — SBA Office 1013 — Congressional District: WA-07

Similar Companies near Seattle

In the Seattle area, 25 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 1) and received an average PPP loan of $236,645 (compared to this company's $14,250).

Industry PPP Comparison Statistics

Nationwide, 35,973 businesses in the "Residential Property Managers" industry received a total of $3.03B 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 9 employees, 800% higher than Coleman Investments LLC's reported 1 employees, and received an average PPP loan of $84,231, 491% higher than this company's loan of $14,250.

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.

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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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Source: www.federalpay.org/paycheck-protection-program/coleman-investments-llc-seattle-wa