PPP Loan Data — Envios De Valores La Nacional Corp, Littleton, CO
Envios De Valores La Nacional Corp
Location: Littleton, COTweet This • Search All PPP Data
Envios De Valores La Nacional Corp is a corporation located at 7901 Southpark Plz, Suite 216 in Littleton, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,143,882.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Farmers & Stockmens Bank
Envios De Valores La Nacional Corp in Littleton, CO received a Paycheck Protection Loan of $2.14M through Farmers & Stockmens 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, Envios De Valores La Nacional Corp's 2019 payroll expenses are estimated to be at least $10.29M.
Based on their reported 304 jobs retained, this equals an estimated average yearly compensation of $33,851 per employee1
Reported PPP Proceed Usage:
On the PPP application, Envios De Valores La Nacional Corp reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,143,882
Business Information - Envios De Valores La Nacional Corp in Littleton, CO
7901 Southpark Plz, Suite 216
Littleton, CO 80120
Financial Transactions Processing, Reserve, and Clearinghouse Activities
NAICS code 522320
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 4,469 businesses in the "Financial Transactions Processing, Reserve, and Clearinghouse Activities" industry received a total of $319.01M 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 6 employees, 98% lower than Envios De Valores La Nacional Corp's reported 304 employees, and received an average PPP loan of $71,384, 97% lower than this company's loan of $2.14M.
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Footnotes & Information
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