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PPP Loan Data — KAM-Way Transportation, Inc.,
Blaine, WA
KAM-Way Transportation, Inc.
Entity: Subchapter S Corporation
Industry: Freight Transportation Arrangement
Location: Blaine, WA
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KAM-Way Transportation, Inc. is a subchapter s corporation located at 215 Marine Drive in Blaine, Washington that received a Coronavirus-related PPP loan from the SBA of $2,908,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
224Loan Approved:
2020-04-11Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONKAM-Way Transportation, Inc. in Blaine, WA received a Paycheck Protection Loan of $2.91M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, KAM-Way Transportation, Inc.'s total 2019 payroll expenses were approximately $13.96M in order to qualify for the PPP loan amount received.
Based on their reported 224 jobs retained, this equals an estimated average yearly compensation of $62,314 per employee1.
Business Information - KAM-Way Transportation, Inc. in Blaine, WA
215 Marine Drive
Blaine, WA 98230
Business Industry
Freight Transportation Arrangement (NAICS code 488510)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: WA-01Similar Companies near Blaine
In the Blaine area, 9 businesses in the "Freight Transportation Arrangement" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 224) and received an average PPP loan of $450,601 (compared to this company's $2.91M).
Similar Nearby Businesses Who Received PPP Funding:
Can-Amer Freight, Inc.
Blaine, WA
Pacific Customs Brokers Inc
Blaine, WA
Carson Customs Brokers (USA) Inc
Blaine, WA
DW Air, Inc
Blaine, WA
A D Rutherford International Inc
Blaine, WA
Diversified Shipping Services Inc
Blaine, WA
Jack R Huls & Co
Blaine, WA
Edge Logistics & Transport, Inc.
Blaine, WA
Industry PPP Comparison Statistics
Nationwide, 10,632 businesses in the "Freight Transportation Arrangement" industry received a total of $1,273,457,640.00 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 10 employees, 96% lower than KAM-Way Transportation, Inc.'s reported 224 employees, and received an average PPP loan of $119,776, 96% lower than this company's loan of $2.91M.
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, and is published unmodified, as provided by the SBA.
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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