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PPP Loan Data — Dreamstyle Remodeling, Inc.,
Albuquerque, NM
Dreamstyle Remodeling, Inc.
Entity: Corporation
Industry: Residential Remodelers
Location: Albuquerque, NM
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Dreamstyle Remodeling, Inc. is a corporation located at 1460 N Renaissance Blvd Ne in Albuquerque, New Mexico that received a Coronavirus-related PPP loan from the SBA of $7,570,700.00 in April, 2020.
The company has reported itself as a Hispanic male owned business, and employed at least 403 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
403Loan Approved:
2020-04-08Lender:
ENTERPRISE BANK & TRUSTDreamstyle Remodeling, Inc. in Albuquerque, NM received a Paycheck Protection Loan of $7.57M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Dreamstyle Remodeling, Inc.'s total 2019 payroll expenses were approximately $36.34M in order to qualify for the PPP loan amount received.
Based on their reported 403 jobs retained, this equals an estimated average yearly compensation of $90,172 per employee1.
Business Information - Dreamstyle Remodeling, Inc. in Albuquerque, NM
1460 N Renaissance Blvd Ne
Albuquerque, NM 87107
Business Industry
Residential Remodelers (NAICS code 236118)
Business Owner Demographics
Race / Ethnicity: HISPANIC
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: NM-01Similar Companies near Albuquerque
In the Albuquerque area, 14 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 403) and received an average PPP loan of $606,239 (compared to this company's $7.57M).
Similar Nearby Businesses Who Received PPP Funding:
Rosalio Ibarra
Albuquerque, NM
Yourson Construction Inc.
Albuquerque, NM
My House Construction, LLC
Albuquerque, NM
Lujan & Sons Construction Inc.
Albuquerque, NM
Full Measure, LLC
Albuquerque, NM
Enchantment Design & Remodeling, LLC
Albuquerque, NM
Ayala Construction Corp
Albuquerque, NM
Spensley Construction Corporation
Albuquerque, NM
Resolution Fabrication LLC
Albuquerque, NM
Industry PPP Comparison Statistics
Nationwide, 53,839 businesses in the "Residential Remodelers" industry received a total of $2,497,962,542.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 99% lower than Dreamstyle Remodeling, Inc.'s reported 403 employees, and received an average PPP loan of $46,397, 99% lower than this company's loan of $7.57M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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