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PPP Loan Data — Enavate Holdings, LLC, Englewood, CO

SBA PPP loan data, payroll data, and salaries for Enavate Holdings, LLC
CO

Enavate Holdings, LLC

Entity: Limited Liability Company (LLC)

Industry: Administrative Management and General Management Consulting Services

Location: Englewood, CO

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Enavate Holdings, LLC is a limited liability company (LLC) located at 7887 E Belleview Ave in Englewood, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,772,484.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.77M

Jobs Retained:

144

Loan Approved:

2020-04-13

Lender:

KEYBANK NATIONAL ASSOCIATION

Enavate Holdings, LLC in Englewood, CO received a Paycheck Protection Loan of $2.77M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Enavate Holdings, LLC's total 2019 payroll expenses were approximately $13.31M in order to qualify for the PPP loan amount received.

Based on their reported 144 jobs retained, this equals an estimated average yearly compensation of $92,416 per employee1.

Because the loan received by Enavate Holdings, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Enavate Holdings, LLC in Englewood, CO

Enavate Holdings, LLC
7887 E Belleview Ave
Englewood, CO 80111

Business Industry

Administrative Management and General Management Consulting Services (NAICS code 541611)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CO-01

Similar Companies near Englewood

In the Englewood area, 77 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 144) and received an average PPP loan of $168,617 (compared to this company's $2.77M).

Industry PPP Comparison Statistics

Nationwide, 42,814 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $3,692,368,152.00 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 6 employees, 96% lower than Enavate Holdings, LLC's reported 144 employees, and received an average PPP loan of $86,242, 97% lower than this company's loan of $2.77M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/enavate-holdings-llc-englewood-co