PPP Loan Data — Inteframe Components, LLC, Nampa, ID
Inteframe Components, LLC is a limited liability company (LLC) located at 1102 N Franklin Blvd in Nampa, Idaho that received a Coronavirus-related PPP loan from the SBA of $1,631,425.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First Interstate Bank
Inteframe Components, LLC in Nampa, ID received a Paycheck Protection Loan of $1.63M through First Interstate 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, Inteframe Components, LLC's 2019 payroll expenses are estimated to be at least $7.83M.
Based on their reported 197 jobs retained, this equals an estimated average yearly compensation of $39,750 per employee1
Reported PPP Proceed Usage:
On the PPP application, Inteframe Components, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,631,425
Business Information - Inteframe Components, LLC in Nampa, ID
1102 N Franklin Blvd
Nampa, ID 83687
All Other Rubber Product Manufacturing
NAICS code 326299
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Nampa
In the Nampa area, 2 businesses in the "All Other Rubber Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 105 employees (compared to this company's 197) and received an average PPP loan of $870,274 (compared to this company's $1.63M).
Similar Nearby Businesses Who Received PPP Funding:
Interframe Engineering LLC
Industry PPP Comparison Statistics
Nationwide, 810 businesses in the "All Other Rubber Product Manufacturing" industry received a total of $226.81M 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 26 employees, 87% lower than Inteframe Components, LLC's reported 197 employees, and received an average PPP loan of $280,012, 83% lower than this company's loan of $1.63M.
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Footnotes & Information
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