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PPP Loan Data — Generation Pool Plastering, Inc.,
West Sacramento, CA
Generation Pool Plastering, Inc.
Entity: Corporation
Industry: All Other Specialty Trade Contractors
Location: West Sacramento, CA
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Generation Pool Plastering, Inc. is a corporation located at 1024 Soule St West in West Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $229,500.00 in August, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
25Loan Approved:
2020-08-06Lender:
UMPQUA BANKGeneration Pool Plastering, Inc. received a Paycheck Protection Loan of $229,500 through UMPQUA BANK, which was approved in August, 2020.
Based on standard PPP eligibility rules, Generation Pool Plastering, Inc.'s total 2019 payroll expenses were approximately $1.1M in order to qualify for the PPP loan amount received.
Based on their reported 25 jobs retained, this equals an estimated average yearly compensation of $44,064 per employee1.
Business Information - Generation Pool Plastering, Inc. in West Sacramento, CA
1024 Soule St West
West Sacramento, CA 95691
Business Industry
All Other Specialty Trade Contractors (NAICS code 238990)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-03Similar Companies near West Sacramento
In the West Sacramento area, 7 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 25) and received an average PPP loan of $543,701 (compared to this company's $229,500).
Similar Nearby Businesses Who Received PPP Funding:
Custom Agronomic Solutions Inc
West Sacramento, CA
Door 28, Inc
West Sacramento, CA
Glass West Inc
West Sacramento, CA
River City Fence Inc
West Sacramento, CA
Mckeever Masonry, Inc.
W Sacramento, CA
Blazona Concrete Construction Inc.
West Sacramento, CA
Industry PPP Comparison Statistics
Nationwide, 44,474 businesses in the "All Other Specialty Trade Contractors" industry received a total of $5,068,221,395.00 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 9 employees, 64% lower than Generation Pool Plastering, Inc.'s reported 25 employees, and received an average PPP loan of $113,959, 50% lower than this company's loan of $229,500.
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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