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PPP Loan Data — Evergreen Natural Resources LLC, Denver, CO

SBA PPP loan data, payroll data, and salaries for Evergreen Natural Resources LLC
CO

Evergreen Natural Resources LLC

Entity: Limited Liability Company (LLC)

Industry: Natural Gas Extraction

Location: Denver, CO

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Evergreen Natural Resources LLC is a limited liability company (LLC) located at 1875 Lawrence St in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,590,372.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$2.59M

Jobs Retained:

0 Unreported

Loan Approved:

2020-05-01

Lender:

INBANK

Evergreen Natural Resources LLC received a Paycheck Protection Loan of $2.59M through INBANK, which was approved in May, 2020.

Based on standard PPP eligibility rules, Evergreen Natural Resources LLC's total 2019 payroll expenses were approximately $12.43M in order to qualify for the PPP loan amount received.

Unlike most businesses, Evergreen Natural Resources LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Because the loan received by Evergreen Natural Resources 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 - Evergreen Natural Resources LLC in Denver, CO

Evergreen Natural Resources LLC
1875 Lawrence St
Denver, CO 80202

Business Industry

Natural Gas Extraction (NAICS code 211130)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CO-01

Similar Companies near Denver

In the Denver area, 2 businesses in the "Natural Gas Extraction" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 0) and received an average PPP loan of $2,211,000 (compared to this company's $2.59M).

Similar Nearby Businesses Who Received PPP Funding:

Laramie Energy, LLC
Denver, CO

$1.83M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 581 businesses in the "Natural Gas Extraction" industry received a total of $105,101,011.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 10 employees, and received an average PPP loan of $180,897, 93% lower than this company's loan of $2.59M.

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.

Search FederalPay's Full PPP Loan Database

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/evergreen-natural-resources-llc-denver-co