PPP Loan Data — Dave Gross Enterprises Inc, Sacramento, CA
Dave Gross Enterprises Inc is a corporation located at 7 Wayne Court in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $1,526,885.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of the West
Dave Gross Enterprises Inc in Sacramento, CA received a Paycheck Protection Loan of $1.53M 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, Dave Gross Enterprises Inc's 2019 payroll expenses are estimated to be at least $7.33M.
Based on their reported 88 jobs retained, this equals an estimated average yearly compensation of $83,285 per employee1
Reported PPP Proceed Usage:
On the PPP application, Dave Gross Enterprises Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,526,885
Business Information - Dave Gross Enterprises Inc in Sacramento, CA
7 Wayne Court
Sacramento, CA 95829
All Other Specialty Trade Contractors
NAICS code 238990
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Sacramento
In the Sacramento area, 24 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 88) and received an average PPP loan of $514,494 (compared to this company's $1.53M).
Similar Nearby Businesses Who Received PPP Funding:
AAA Services Inc
NMI Industrial Holdings Inc
Adams Pool Specialties Inc
California Cabinet And Store Fixture Inc
Thunder Mountain Enterprises, Inc
Timco Construction Incorporated
Industry PPP Comparison Statistics
Nationwide, 93,400 businesses in the "All Other Specialty Trade Contractors" industry received a total of $8.04B 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 8 employees, 91% lower than Dave Gross Enterprises Inc's reported 88 employees, and received an average PPP loan of $86,076, 94% lower than this company's loan of $1.53M.
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Footnotes & Information
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