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PPP Loan Data — GF Carneros Holdings LLC,
Napa, CA
GF Carneros Holdings LLC
Entity: Limited Liability Company (LLC)
Industry: Hotels (except Casino Hotels) and Motels
Location: Napa, CA
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GF Carneros Holdings LLC is a limited liability company (LLC) located at 4048 Sonoma Hwy in Napa, California that received a Coronavirus-related PPP loan from the SBA of $1,964,200.00 in January, 2021.
$
PPP Loan Information
Loan #3973658302
Loan Size:
Jobs Retained:
241Loan Approved:
2021-01-22Loan Status:
Ongoing LoanLender:
Equity BankGF Carneros Holdings LLC in Napa, CA received a Paycheck Protection Loan of $1.96M through Equity Bank, which was approved in January, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, GF Carneros Holdings LLC's 2019 payroll expenses are estimated to be at least $9.43M.
Based on their reported 241 jobs retained, this equals an estimated average yearly compensation of $39,121 per employee1
Reported PPP Proceed Usage:
On the PPP application, GF Carneros Holdings LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,964,200
Business Information - GF Carneros Holdings LLC in Napa, CA
4048 Sonoma Hwy
Napa, CA 94559
Business Industry:
Hotels (except Casino Hotels) and Motels
NAICS code 721110
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Napa
In the Napa area, 42 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 241) and received an average PPP loan of $456,375 (compared to this company's $1.96M).
Similar Nearby Businesses Who Received PPP Funding:
FYI Mc LLC
Napa, CA
Napa Mill, LLC
Napa, CA
Napa Lw Hotel Associates, LP
Napa, CA
Ashok & Mina Investments Inc
Napa, CA
Chardonnay Lodge
Napa, CA
Airport Boulevard Realty LLC
Napa, CA
Lkbl & Associates, LLC
Napa, CA
Napa Hotel Ivy, Inc
Napa, CA
Coastal Hospitality LLC
Napa, CA
Industry PPP Comparison Statistics
Nationwide, 76,144 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $13.3B 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 24 employees, 90% lower than GF Carneros Holdings LLC's reported 241 employees, and received an average PPP loan of $174,695, 91% lower than this company's loan of $1.96M.
GF Carneros Holdings LLC
Entity: Limited Liability Company (LLC)
Industry: Hotels (except Casino Hotels) and Motels
Location: Napa, CA
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•
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GF Carneros Holdings LLC is a limited liability company (LLC) located at 4048 Sonoma Hwy in Napa, California that received a Coronavirus-related PPP loan from the SBA of $3,035,800.00 in June, 2020.
$
PPP Loan Information
Loan #2249597905
Loan Size:
Jobs Retained:
215Loan Approved:
2020-06-11Loan Status:
Ongoing LoanLender:
Equity BankGF Carneros Holdings LLC in Napa, CA received a Paycheck Protection Loan of $3.04M through Equity Bank, which was approved in June, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, GF Carneros Holdings LLC's 2019 payroll expenses are estimated to be at least $14.57M.
Based on their reported 215 jobs retained, this equals an estimated average yearly compensation of $67,776 per employee1
Reported PPP Proceed Usage:
On the PPP application, GF Carneros Holdings LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,035,800
Business Information - GF Carneros Holdings LLC in Napa, CA
4048 Sonoma Hwy
Napa, CA 94559
Business Industry:
Hotels (except Casino Hotels) and Motels
NAICS code 721110
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Napa
In the Napa area, 42 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 215) and received an average PPP loan of $456,375 (compared to this company's $3.04M).
Similar Nearby Businesses Who Received PPP Funding:
FYI Mc LLC
Napa, CA
Napa Mill, LLC
Napa, CA
Napa Lw Hotel Associates, LP
Napa, CA
Ashok & Mina Investments Inc
Napa, CA
Chardonnay Lodge
Napa, CA
Airport Boulevard Realty LLC
Napa, CA
Lkbl & Associates, LLC
Napa, CA
Napa Hotel Ivy, Inc
Napa, CA
Coastal Hospitality LLC
Napa, CA
Industry PPP Comparison Statistics
Nationwide, 76,144 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $13.3B 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 24 employees, 89% lower than GF Carneros Holdings LLC's reported 215 employees, and received an average PPP loan of $174,695, 94% lower than this company's loan of $3.04M.
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. Estimations for informational purposes only. 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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