PPP Loan Data — Curtis Contracting LLC, Mesa, AZ
Curtis Contracting LLC is a limited liability company (LLC) located at 7125 E Southern Ave #105 in Mesa, Arizona that received a Coronavirus-related PPP loan from the SBA of $45,800.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Curtis Contracting LLC in Mesa, AZ received a Paycheck Protection Loan of $45,800 through MidFirst Bank, which was approved in April, 2020.
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, Curtis Contracting LLC's 2019 payroll expenses are estimated to be at least $219,840.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $24,427 per employee1
Reported PPP Proceed Usage:
On the PPP application, Curtis Contracting LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,800
Business Information - Curtis Contracting LLC in Mesa, AZ
7125 E Southern Ave #105
Mesa, AZ 85209
NAICS code 236118
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Mesa
In the Mesa area, 24 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 9) and received an average PPP loan of $24,609 (compared to this company's $45,800).
Similar Nearby Businesses Who Received PPP Funding:
Ridge Renovation And Construction LLC
Mariano & Co., LLC
Lightning Construction Inc
Right Away Property Maintenance LLC
Kitchen And Bath Remodeling LLC
Industry PPP Comparison Statistics
Nationwide, 175,017 businesses in the "Residential Remodelers" industry received a total of $5.32B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, 67% lower than Curtis Contracting LLC's reported 9 employees, and received an average PPP loan of $30,405, 34% lower than this company's loan of $45,800.
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Footnotes & Information
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