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PPP Loan Data — Grani Installation Inc,
Huntington Beach, CA
Grani Installation Inc
Entity: Corporation
Industry: All Other Specialty Trade Contractors
Location: Huntington Beach, CA
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Grani Installation Inc is a corporation located at 5411 Commercial Dr in Huntington Beach, California that received a Coronavirus-related PPP loan from the SBA of $1,060,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 90 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
90Loan Approved:
2020-04-15Lender:
SUNWEST BANKGrani Installation Inc received a Paycheck Protection Loan of $1.06M through SUNWEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Grani Installation Inc's total 2019 payroll expenses were approximately $5.09M in order to qualify for the PPP loan amount received.
Based on their reported 90 jobs retained, this equals an estimated average yearly compensation of $56,533 per employee1.
Business Information - Grani Installation Inc in Huntington Beach, CA
5411 Commercial Dr
Huntington Beach, CA 92649
Business Industry
All Other Specialty Trade Contractors (NAICS code 238990)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-48Similar Companies near Huntington Beach
In the Huntington Beach area, 23 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 90) and received an average PPP loan of $258,791 (compared to this company's $1.06M).
Similar Nearby Businesses Who Received PPP Funding:
Subi Design Build Inc
Huntington Beach, CA
Glacier Design Systems, Inc.
Huntington Beach, CA
Obrecht's Solid Surface
Huntington Beach, CA
Archie Ivy Inc
Huntington Beach, CA
P.W. Stephens Environmental, Inc.
Huntington Beach, CA
Dewolfe Crane Services, Inc.
Huntington Beach, CA
Bara Woodshaping And Design
Huntington Beach, CA
Garden Passages
Huntington Beach, CA
West Coast Property Maintenance Inc.
Huntington Beach, 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, 90% lower than Grani Installation Inc's reported 90 employees, and received an average PPP loan of $113,959, 89% lower than this company's loan of $1.06M.
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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