PPP Loan Data — Excel Site Rentals, LLC, Kalkaska, MI
Excel Site Rentals, LLC is a limited liability company (LLC) located at 1530 Enterprise Dr in Kalkaska, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,580,497.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:TCF NATIONAL BANK
Excel Site Rentals, LLC in Kalkaska, MI received a Paycheck Protection Loan of $2.58M through TCF NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Excel Site Rentals, LLC's total 2019 payroll expenses were approximately $12.39M in order to qualify for the PPP loan amount received.
Unlike most businesses, Excel Site Rentals, 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.
Business Information - Excel Site Rentals, LLC in Kalkaska, MI
1530 Enterprise Dr
Kalkaska, MI 49646
Support Activities for Oil and Gas Operations (NAICS code 213112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-01
Similar Companies near Kalkaska
In the Kalkaska area, 6 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 0) and received an average PPP loan of $748,071 (compared to this company's $2.58M).
Similar Nearby Businesses Who Received PPP Funding:
Superior Oilfield Service, Inc.
Compressor And Engine Service, LLC
Beckman Production Services, LLC
Team Services LLC
Industry PPP Comparison Statistics
Nationwide, 11,335 businesses in the "Support Activities for Oil and Gas Operations" industry received a total of $2,439,543,076.00 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 13 employees, and received an average PPP loan of $215,222, 92% lower than this company's loan of $2.58M.
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, and is published unmodified, as provided by the SBA.
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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