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PPP Loan Data — Jupiter I LLC,
Denver, CO
Jupiter I LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Other Holding Companies
Location: Denver, CO
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Jupiter I LLC is a limited liability company (LLC) located at 9900 E 51st Ave in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in April, 2021.
$
PPP Loan Information
Loan #6494448708
Loan Size:
Jobs Retained:
244Loan Approved:
2021-04-04Loan Status:
Paid in Full or ForgivenLender:
Zions Bank, A Division ofJupiter I LLC in Denver, CO received a Paycheck Protection Loan of $2M through Zions Bank, A Division of, which was approved in April, 2021.
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 May, 2022.
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, Jupiter I LLC's 2019 payroll expenses are estimated to be at least $9.6M.
Based on their reported 244 jobs retained, this equals an estimated average yearly compensation of $39,344 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jupiter I LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,999,994
- Utilities: $1
Business Information - Jupiter I LLC in Denver, CO
9900 E 51st Ave
Denver, CO 80238
Business Industry:
Offices of Other Holding Companies
NAICS code 551112
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 Denver
In the Denver area, 6 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 43 employees (compared to this company's 244) and received an average PPP loan of $345,748 (compared to this company's $2M).
Similar Nearby Businesses Who Received PPP Funding:
Joel Kreutter
Denver, CO
Domicile Holdings LLC
Denver, CO
Anbessa Holdings LLC
Denver, CO
Samuelsen Holdings LLC DBA Code Ninjas
Denver, CO
Allied Resource Holdings, LLC
Denver, CO
Industry PPP Comparison Statistics
Nationwide, 12,397 businesses in the "Offices of Other Holding Companies" industry received a total of $1.55B 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 13 employees, 95% lower than Jupiter I LLC's reported 244 employees, and received an average PPP loan of $125,380, 94% lower than this company's loan of $2M.
Jupiter I, LLC
Entity: Limited Liability Company (LLC)
Industry: Other Building Finishing Contractors
Location: Denver, CO
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Jupiter I, LLC is a limited liability company (LLC) located at 9900 E 51st Ave in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $3,998,200.00 in April, 2020.
$
PPP Loan Information
Loan #7913737008
Loan Size:
Jobs Retained:
261Loan Approved:
2020-04-08Loan Status:
Paid in Full or ForgivenLender:
Zions Bank, A Division ofJupiter I, LLC in Denver, CO received a Paycheck Protection Loan of $4M through Zions Bank, A Division of, 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 October, 2021.
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, Jupiter I, LLC's 2019 payroll expenses are estimated to be at least $19.19M.
Based on their reported 261 jobs retained, this equals an estimated average yearly compensation of $73,530 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jupiter I, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,998,200
Business Information - Jupiter I, LLC in Denver, CO
9900 E 51st Ave
Denver, CO 80238
Business Industry:
Other Building Finishing Contractors
NAICS code 238390
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 Denver
In the Denver area, 6 businesses in the "Other Building Finishing Contractors" industry received a PPP loan. These local businesses reported an average of 65 employees (compared to this company's 261) and received an average PPP loan of $904,572 (compared to this company's $4M).
Similar Nearby Businesses Who Received PPP Funding:
Systems Office Solutions, LLC
Denver, CO
Camron LLC
Denver, CO
Corporate Installations Inc
Denver, CO
Facility Services Inc
Denver, CO
Industry PPP Comparison Statistics
Nationwide, 15,176 businesses in the "Other Building Finishing Contractors" industry received a total of $1.26B 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 8 employees, 97% lower than Jupiter I, LLC's reported 261 employees, and received an average PPP loan of $83,102, 98% lower than this company's loan of $4M.
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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