PPP Loan Data — Coupler Creative, Inc, Los Angeles, CA
Coupler Creative, Inc is a corporation located at 2527 N. San Fernando Rd. in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Coupler Creative, Inc in Los Angeles, CA received a Paycheck Protection Loan of $25,000 through WebBank, which was approved in April, 2020.
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
Understanding Payroll Estimates Based On PPP Amount
Based 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, Coupler Creative, Inc's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Coupler Creative, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Coupler Creative, Inc in Los Angeles, CA
2527 N. San Fernando Rd.
Los Angeles, CA 90065
Sheet Metal Work Manufacturing
NAICS code 332322
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Los Angeles
In the Los Angeles area, 4 businesses in the "Sheet Metal Work Manufacturing" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 2) and received an average PPP loan of $23,425 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Reliable Metal Products
Los Angeles, CA
JL Sheetmetal Inc
Los Angeles, CA
Industry PPP Comparison Statistics
Nationwide, 4,304 businesses in the "Sheet Metal Work Manufacturing" industry received a total of $1.16B 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 23 employees, 1050% higher than Coupler Creative, Inc's reported 2 employees, and received an average PPP loan of $268,414, 974% higher than this company's loan of $25,000.
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Footnotes & Information
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