PPP Loan Data — Kahuna Ventures LLC, Broomfield, CO
Kahuna Ventures LLC is a limited liability company (LLC) located at 11400 Westmoor Cir Ste 325 in Broomfield, Colorado that received a Coronavirus-related PPP loan from the SBA of $1,551,300.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Kahuna Ventures LLC in Broomfield, CO received a Paycheck Protection Loan of $1.55M through Glacier 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 April, 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, Kahuna Ventures LLC's 2019 payroll expenses are estimated to be at least $7.45M.
Based on their reported 76 jobs retained, this equals an estimated average yearly compensation of $97,977 per employee1
Reported PPP Proceed Usage:
On the PPP application, Kahuna Ventures LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,551,300
Business Information - Kahuna Ventures LLC in Broomfield, CO
11400 Westmoor Cir Ste 325
Broomfield, CO 80021
NAICS code 541330
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Broomfield
In the Broomfield area, 38 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 76) and received an average PPP loan of $251,189 (compared to this company's $1.55M).
Similar Nearby Businesses Who Received PPP Funding:
Couch Offroad Engineering LLC
Commerce City, CO
Kapushion Design & Development, Inc
David T. Williams & Associates, Engineers, LLC
Commerce City, CO
Technicool Innovations, Inc
Luscombe Engineering Company
Technicool Innovations Inc
Kahuna Ventures LLC
Industry PPP Comparison Statistics
Nationwide, 47,152 businesses in the "Engineering Services" industry received a total of $9.19B 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, 83% lower than Kahuna Ventures LLC's reported 76 employees, and received an average PPP loan of $194,873, 87% lower than this company's loan of $1.55M.
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Footnotes & Information
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