PPP Loan Data — Comav, LLC, Victorville, CA
Entity: Limited Liability Company (LLC)
Location: Victorville, CATweet This • Search All PPP Data
Comav, LLC is a limited liability company (LLC) located at 18499 Phantom West in Victorville, California that received a Coronavirus-related PPP loan from the SBA of $2,908,880.00 in April, 2020.
$ PPP Loan Information
Lender:CACHE VALLEY BANK
Comav, LLC received a Paycheck Protection Loan of $2.91M through CACHE VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Comav, LLC's total 2019 payroll expenses were approximately $13.96M in order to qualify for the PPP loan amount received.
Based on their reported 213 jobs retained, this equals an estimated average yearly compensation of $65,552 per employee1.
Business Information - Comav, LLC in Victorville, CA
18499 Phantom West
Victorville, CA 92394
Other Aircraft Parts and Auxiliary Equipment Manufacturing (NAICS code 336413)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-08
Industry PPP Comparison Statistics
Nationwide, 841 businesses in the "Other Aircraft Parts and Auxiliary Equipment Manufacturing" industry received a total of $453,528,343.00 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 33 employees, 85% lower than Comav, LLC's reported 213 employees, and received an average PPP loan of $539,273, 81% lower than this company's loan of $2.91M.
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.
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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