PPP Loan Data — Flatirons Duct Cleaning LLC, Boulder, CO
Flatirons Duct Cleaning LLC
Entity: Subchapter S Corporation
Location: Boulder, COTweet This • Search All PPP Data
Flatirons Duct Cleaning LLC is a subchapter s corporation located at 775 39th St. in Boulder, Colorado that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Zions Bank, A Division of
Flatirons Duct Cleaning LLC in Boulder, CO received a Paycheck Protection Loan of $25,200 through Zions Bank, A Division of, 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, Flatirons Duct Cleaning LLC's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,320 per employee1
Reported PPP Proceed Usage:
On the PPP application, Flatirons Duct Cleaning LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - Flatirons Duct Cleaning LLC in Boulder, CO
775 39th St.
Boulder, CO 80303
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Boulder
In the Boulder area, 13 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 3) and received an average PPP loan of $97,097 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Aqua Care Solar LLC
31 Industrial LLC
Bernie's Plumbing & Heating Co
Gessner Plumbing & Mechanical Inc
Norm's Plumbing Heating & Supply Inc
Save Home Heat Company, Inc
Evolve Solar & Radiant Heat
Industry PPP Comparison Statistics
Nationwide, 105,811 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.07B 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 10 employees, 233% higher than Flatirons Duct Cleaning LLC's reported 3 employees, and received an average PPP loan of $123,520, 390% higher than this company's loan of $25,200.
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Footnotes & Information
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