PPP Loan Data — Cwie Holding Company, Inc, Tempe, AZ
Cwie Holding Company, Inc is a subchapter s corporation located at 2353 W University Dr in Tempe, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,089,500.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:BOKF, National Association
Cwie Holding Company, Inc in Tempe, AZ received a Paycheck Protection Loan of $2.09M through BOKF, National Association, 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, Cwie Holding Company, Inc's 2019 payroll expenses are estimated to be at least $10.03M.
Based on their reported 144 jobs retained, this equals an estimated average yearly compensation of $69,650 per employee1
Reported PPP Proceed Usage:
On the PPP application, Cwie Holding Company, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,089,500
Business Information - Cwie Holding Company, Inc in Tempe, AZ
2353 W University Dr
Tempe, AZ 85281
Offices of Other Holding Companies
NAICS code 551112
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Tempe
In the Tempe area, 10 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 48 employees (compared to this company's 144) and received an average PPP loan of $506,108 (compared to this company's $2.09M).
Similar Nearby Businesses Who Received PPP Funding:
Labocca Mill Avenue, LLC
EAD Holdings LLC
Sunset Sky Holdings, LLC
Conservatory Of Entertainment Arts & Sciences Inc
Handlebar Mill Ave, LLC
Southwest Holdings Group Inc
BCD Holding, LLC & H-MA, LLC
Industry PPP Comparison Statistics
Nationwide, 12,536 businesses in the "Offices of Other Holding Companies" industry received a total of $1.56B 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 13 employees, 91% lower than Cwie Holding Company, Inc's reported 144 employees, and received an average PPP loan of $124,396, 94% lower than this company's loan of $2.09M.
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Footnotes & Information
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