PPP Loan Data — Estes Park Electric, Inc., Windsor, CO
Estes Park Electric, Inc.
Entity: Subchapter S Corporation
Location: Windsor, COTweet This • Search All PPP Data
Estes Park Electric, Inc. is a subchapter s corporation located at 400 Crystal Beach Drive in Windsor, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,500.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least one person during the applicable loan loan period.
$ PPP Loan Information
Lender:COLORADO LENDING SOURCE, LTD.
Estes Park Electric, Inc. received a Paycheck Protection Loan of $2,500 through COLORADO LENDING SOURCE, LTD., which was approved in April, 2020.
Based on standard PPP eligibility rules, Estes Park Electric, Inc.'s total 2019 payroll expenses were approximately $12,000 in order to qualify for the PPP loan amount received.
Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $12,000 per employee1.
Business Information - Estes Park Electric, Inc. in Windsor, CO
400 Crystal Beach Drive
Windsor, CO 80550
Electrical Contractors and Other Wiring Installation Contractors (NAICS code 238210)
Business Owner Demographics
Race / Ethnicity: WHITE
Veteran Status: UnreportedCongressional District: CO-04
Similar Companies near Windsor
In the Windsor area, 9 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 1) and received an average PPP loan of $410,379 (compared to this company's $2,500).
Similar Nearby Businesses Who Received PPP Funding:
Benchmark Electrical Solutions, Inc.
Chadwick Homes Services LLC
Renewable Service Electric, Inc
Lighten Up Plumbing, Heating,Cooling And Electric LLC
Security And Sound Design Inc.
BLS Electrical Inc
Quality Of Life & Safety Designs LLC
EW Electrical Contracting LLC
Industry PPP Comparison Statistics
Nationwide, 44,489 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $8,060,101,877.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 1100% higher than Estes Park Electric, Inc.'s reported 1 employees, and received an average PPP loan of $181,171, 7147% higher than this company's loan of $2,500.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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