PPP Loan Data — Gold Star Pools LLC, Sapulpa, OK
Gold Star Pools LLC
Entity: Limited Liability Company (LLC)
Franchise: ASP - America's Swimming Pool Company
Location: Sapulpa, OKTweet This • Search All PPP Data
Gold Star Pools LLC is a limited liability company (LLC) located at 422 Ridge Oak Ln in Sapulpa, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $25,467.00 in April, 2020. This business is a ASP - America's Swimming Pool Company franchise.
The company has reported itself as a White male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Gold Star Pools LLC in Sapulpa, OK received a Paycheck Protection Loan of $25,467 through RCB Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.
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, Gold Star Pools LLC's 2019 payroll expenses are estimated to be at least $122,242.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,374 per employee1
Reported PPP Proceed Usage:
On the PPP application, Gold Star Pools LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,467
Business Information - Gold Star Pools LLC in Sapulpa, OK
422 Ridge Oak Ln
Sapulpa, OK 74066
Water and Sewer Line and Related Structures Construction
NAICS code 237110
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Sapulpa
In the Sapulpa area, 3 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 6) and received an average PPP loan of $106,596 (compared to this company's $25,467).
Similar Nearby Businesses Who Received PPP Funding:
L & L Construction Inc
Cherokee Pride Construction Inc
Industry PPP Comparison Statistics
Nationwide, 8,904 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a total of $1.93B 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 17 employees, 183% higher than Gold Star Pools LLC's reported 6 employees, and received an average PPP loan of $216,804, 751% higher than this company's loan of $25,467.
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Footnotes & Information
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