PPP Loan Data — Craig Gaudry And Associates, Inc, Kirkland, WA
Craig Gaudry And Associates, Inc is a corporation located at 826 6th St S in Kirkland, Washington that received a Coronavirus-related PPP loan from the SBA of $25,239.00 in May, 2020.
The company has reported itself as a White male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:U.S. Bank, National Association
Craig Gaudry And Associates, Inc in Kirkland, WA received a Paycheck Protection Loan of $25,239 through U.S. Bank, National Association, which was approved in May, 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 January, 2021.
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, Craig Gaudry And Associates, Inc's 2019 payroll expenses are estimated to be at least $121,147.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,574 per employee1
Reported PPP Proceed Usage:
On the PPP application, Craig Gaudry And Associates, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,239
Business Information - Craig Gaudry And Associates, Inc in Kirkland, WA
826 6th St S
Kirkland, WA 98033
Offices of Real Estate Agents and Brokers
NAICS code 531210
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Kirkland
In the Kirkland area, 152 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 2) and received an average PPP loan of $30,602 (compared to this company's $25,239).
Similar Nearby Businesses Who Received PPP Funding:
Paul W. Isenburg Inc
Mccallen & Sons Inc
Windermere RE Northeast Inc
Luckey And Associates LLC
John L Scott Inc
Revel Realty & Management LLC
Industry PPP Comparison Statistics
Nationwide, 255,794 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.75B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 2 employees, the same amount reported by Craig Gaudry And Associates, Inc and received an average PPP loan of $22,469, 11% lower than this company's loan of $25,239.
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Footnotes & Information
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