PPP Loan Data — HI-Temp Insulation, Camarillo, CA
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HI-Temp Insulation is a corporation located at 4700 Calle Alto in Camarillo, California that received a Coronavirus-related PPP loan from the SBA of $5,848,758.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WELLS FARGO BANK, NATIONAL ASSOCIATION
HI-Temp Insulation received a Paycheck Protection Loan of $5.85M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, HI-Temp Insulation's total 2019 payroll expenses were approximately $28.07M in order to qualify for the PPP loan amount received.
Unlike most businesses, HI-Temp Insulation's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - HI-Temp Insulation in Camarillo, CA
4700 Calle Alto
Camarillo, CA 93012
Metal Crown, Closure, and Other Metal Stamping (except Automotive) (NAICS code 332119)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-26
Industry PPP Comparison Statistics
Nationwide, 688 businesses in the "Metal Crown, Closure, and Other Metal Stamping (except Automotive)" industry received a total of $316,503,616.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 35 employees, and received an average PPP loan of $460,034, 92% lower than this company's loan of $5.85M.
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Footnotes & Information
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