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PPP Loan Data — Four Seasons Contracting, Fresno, CA

SBA PPP loan data, payroll data, and salaries for Four Seasons Contracting
CA

Four Seasons Contracting

Entity: Sole Proprietorship

Industry: Other Management Consulting Services

Location: Fresno, CA

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Four Seasons Contracting is a sole proprietorship located at 191 W Shaw Ave Suite 206 in Fresno, California that received a Coronavirus-related PPP loan from the SBA of $3,137,500.00 in May, 2020.

The company has reported itself as a Hispanic owned business, and employed at least 413 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.14M

Jobs Retained:

413

Loan Approved:

2020-05-01

Lender:

HARVEST SMALL BUSINESS FINANCE, LLC

Four Seasons Contracting in Fresno, CA received a Paycheck Protection Loan of $3.14M through HARVEST SMALL BUSINESS FINANCE, LLC, which was approved in May, 2020.

Based on standard PPP eligibility rules, Four Seasons Contracting's total 2019 payroll expenses were approximately $15.06M in order to qualify for the PPP loan amount received.

Based on their reported 413 jobs retained, this equals an estimated average yearly compensation of $36,465 per employee1.

Because the loan received by Four Seasons Contracting 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 - Four Seasons Contracting in Fresno, CA

Four Seasons Contracting
191 W Shaw Ave Suite 206
Fresno, CA 93704

Business Industry

Other Management Consulting Services (NAICS code 541618)

Business Owner Demographics

Race / Ethnicity: HISPANIC

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-22

Similar Companies near Fresno

In the Fresno area, 4 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 159 employees (compared to this company's 413) and received an average PPP loan of $1,040,858 (compared to this company's $3.14M).

Industry PPP Comparison Statistics

Nationwide, 45,812 businesses in the "Other Management Consulting Services" industry received a total of $2,639,462,577.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 4 employees, 99% lower than Four Seasons Contracting's reported 413 employees, and received an average PPP loan of $57,615, 98% lower than this company's loan of $3.14M.

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.

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/four-seasons-contracting-fresno-ca