PPP Loan Data — Crestone Servicing Group LLC, Denver, CO
Crestone Servicing Group LLC is a limited liability company (LLC) located at 6145 Broadway Ste 40 in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $3,230,152.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Crestone Servicing Group LLC in Denver, CO received a Paycheck Protection Loan of $3.23M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Crestone Servicing Group LLC's total 2019 payroll expenses were approximately $15.5M in order to qualify for the PPP loan amount received.
Based on their reported 215 jobs retained, this equals an estimated average yearly compensation of $72,115 per employee1.
Business Information - Crestone Servicing Group LLC in Denver, CO
6145 Broadway Ste 40
Denver, CO 80216
Fabricated Pipe and Pipe Fitting Manufacturing (NAICS code 332996)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-01
Industry PPP Comparison Statistics
Nationwide, 465 businesses in the "Fabricated Pipe and Pipe Fitting Manufacturing" industry received a total of $215,859,300.00 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 30 employees, 86% lower than Crestone Servicing Group LLC's reported 215 employees, and received an average PPP loan of $464,214, 86% lower than this company's loan of $3.23M.
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Footnotes & Information
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