PPP Loan Data — Custom Heating Plumbing Air Conditioning And Electrical Serv, Denver, CO
Custom Heating Plumbing Air Conditioning And Electrical Serv
Entity: Limited Liability Company (LLC)
Location: Denver, COTweet This • Search All PPP Data
Custom Heating Plumbing Air Conditioning And Electrical Serv is a limited liability company (LLC) located at 12445 E. 39th Ave Suite 308 in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $46,627.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of the West
Custom Heating Plumbing Air Conditioning And Electrical Serv in Denver, CO received a Paycheck Protection Loan of $46,627 through Bank of the West, which was approved in April, 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 May, 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, Custom Heating Plumbing Air Conditioning And Electrical Serv's 2019 payroll expenses are estimated to be at least $223,810.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $37,302 per employee1
Reported PPP Proceed Usage:
On the PPP application, Custom Heating Plumbing Air Conditioning And Electrical Serv reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,627
Business Information - Custom Heating Plumbing Air Conditioning And Electrical Serv in Denver, CO
12445 E. 39th Ave Suite 308
Denver, CO 80239
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Denver
In the Denver area, 19 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 6) and received an average PPP loan of $156,917 (compared to this company's $46,627).
Similar Nearby Businesses Who Received PPP Funding:
Tin Tech Mechanical
Tin Tech Mechanical Services, LLC
Fidelia Banegas De Garcia
Ricardo Ramirez Heating And Cooling LLC
JJP Construction LLC
Platinum Fire Protection Inc
Top Rated Heating & Cooling
Industry PPP Comparison Statistics
Nationwide, 105,811 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.07B 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 10 employees, 67% higher than Custom Heating Plumbing Air Conditioning And Electrical Serv's reported 6 employees, and received an average PPP loan of $123,520, 165% higher than this company's loan of $46,627.
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