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PPP Loan Data — Kamine International Power Corp,
Bedminster, NJ
Kamine International Power Corp
Entity: Corporation
Industry: Custom Computer Programming Services
Location: Bedminster, NJ
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Kamine International Power Corp is a corporation located at 1545 Us Highway 206 Ste 100 in Bedminster, New Jersey that received a Coronavirus-related PPP loan from the SBA of $20,832.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
1Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONKamine International Power Corp received a Paycheck Protection Loan of $20,832 through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Kamine International Power Corp's total 2019 payroll expenses were approximately $99,994 (not accounting for salary amounts > $100k) in order to qualify for the PPP loan amount received.
Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $99,994 (not accounting for salary amounts > $100k) per employee1.
Business Information - Kamine International Power Corp in Bedminster, NJ
1545 Us Highway 206 Ste 100
Bedminster, NJ 7921
Business Industry
Custom Computer Programming Services (NAICS code 541511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NJ-07Similar Companies near Bedminster
In the Bedminster area, 13 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 1) and received an average PPP loan of $557,715 (compared to this company's $20,832).
Similar Nearby Businesses Who Received PPP Funding:
Ashwa LLC
Basking Ridge, NJ
Ream Development Corporation
Berkeley Heights, NJ
Softridge Technology, Inc.
Berkeley Heights, NJ
Agma Systems LLC
Basking Ridge, NJ
Wizlynx, Inc.
Bedminster, NJ
David Rosenthal
Berkeley Hts, NJ
Quorum Control Gmbh
Basking Ridge, NJ
Thinkscreen
Berkeley Heights, NJ
Industry PPP Comparison Statistics
Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 1000% higher than Kamine International Power Corp's reported 1 employees, and received an average PPP loan of $200,633, 863% higher than this company's loan of $20,832.
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. 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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