PPP Loan Data — Eric Caldwell DBA Caldwell Vineyards - La Presa Vineyards, Solvang, CA
Eric Caldwell DBA Caldwell Vineyards - La Presa Vineyards is a sole proprietorship located at 2202 Hill Haven Road in Solvang, California that received a Coronavirus-related PPP loan from the SBA of $46,750.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Pacific Western Bank
Eric Caldwell DBA Caldwell Vineyards - La Presa Vineyards in Solvang, CA received a Paycheck Protection Loan of $46,750 through Pacific Western Bank, 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 April, 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, Eric Caldwell DBA Caldwell Vineyards - La Presa Vineyards' 2019 payroll expenses are estimated to be at least $224,400.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $37,400 per employee1
Reported PPP Proceed Usage:
On the PPP application, Eric Caldwell DBA Caldwell Vineyards - La Presa Vineyards reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,750
Business Information - Eric Caldwell DBA Caldwell Vineyards - La Presa Vineyards in Solvang, CA
2202 Hill Haven Road
Solvang, CA 93463
NAICS code 111332
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Solvang
In the Solvang area, 7 businesses in the "Grape Vineyards" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 6) and received an average PPP loan of $77,641 (compared to this company's $46,750).
Similar Nearby Businesses Who Received PPP Funding:
Westerly Estate LLC
Lucas And Lewellen Vineyards Inc
East Valley Wines, LLC
Stevan Larner Inc
Industry PPP Comparison Statistics
Nationwide, 1,881 businesses in the "Grape Vineyards" industry received a total of $214.9M 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 18 employees, 200% higher than Eric Caldwell DBA Caldwell Vineyards - La Presa Vineyards' reported 6 employees, and received an average PPP loan of $114,248, 144% higher than this company's loan of $46,750.
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Footnotes & Information
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