PPP Loan Data — Enguard Contractors, Brighton, CO
Enguard Contractors is a sole proprietorship located at 992 S. 4th Ave. Suite 100 Pmb 118 in Brighton, Colorado that received a Coronavirus-related PPP loan from the SBA of $25,100.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least three people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Enguard Contractors in Brighton, CO received a Paycheck Protection Loan of $25,100 through Customers Bank, 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, Enguard Contractors' 2019 payroll expenses are estimated to be at least $120,480.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,160 per employee1
Reported PPP Proceed Usage:
On the PPP application, Enguard Contractors reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,100
Business Information - Enguard Contractors in Brighton, CO
992 S. 4th Ave. Suite 100 Pmb 118
Brighton, CO 80601
All Other Specialty Trade Contractors
NAICS code 238990
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Brighton
In the Brighton area, 21 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 3) and received an average PPP loan of $21,277 (compared to this company's $25,100).
Similar Nearby Businesses Who Received PPP Funding:
Abstract Diesel LTD
Aristocratic Concrete, LLC
Longs Peak Radon LLC
Universal Fabrications LLC
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, 167% higher than Enguard Contractors' reported 3 employees, and received an average PPP loan of $86,076, 243% higher than this company's loan of $25,100.
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Footnotes & Information
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