PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Kapushion Design & Development, Inc, Broomfield, CO

ALERT: There are 2 PPP loans for a total of $32,737 in our database for businesses with the name "Kapushion Design & Development, Inc" in Broomfield, CO. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Kapushion Design & Development, Inc
CO

Kapushion Design & Development, Inc

Entity: Corporation

Industry: Engineering Services

Location: Broomfield, CO

Search All PPP Data

Kapushion Design & Development, Inc is a corporation located at 8181 Arista Pl Unit 100 in Broomfield, Colorado that received a Coronavirus-related PPP loan from the SBA of $16,665.00 in February, 2021.

The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #2442418405

Loan Size:

$16,665

Jobs Retained:

1

Loan Approved:

2021-02-03

Loan Status:

Paid in Full or Forgiven

Lender:

U.S. Bank, National Association

Kapushion Design & Development, Inc in Broomfield, CO received a Paycheck Protection Loan of $16,665 through U.S. Bank, National Association, which was approved in February, 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 September, 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 More
Understanding 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 More

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, Kapushion Design & Development, Inc's 2019 payroll expenses are estimated to be at least $79,992.

Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $79,992 per employee1

Reported PPP Proceed Usage:

On the PPP application, Kapushion Design & Development, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $16,663

Business Information - Kapushion Design & Development, Inc in Broomfield, CO

Kapushion Design & Development, Inc
8181 Arista Pl Unit 100
Broomfield, CO 80021

Business Industry:
Engineering Services
NAICS code 541330

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Jefferson County, CO — SBA Office 0811 — Congressional District: CO-02

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 1) and received an average PPP loan of $251,189 (compared to this company's $16,665).

Industry PPP Comparison Statistics

Nationwide, 46,579 businesses in the "Engineering Services" industry received a total of $9.17B 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, 1200% higher than Kapushion Design & Development, Inc's reported 1 employees, and received an average PPP loan of $196,935, 1082% higher than this company's loan of $16,665.

SBA PPP loan data, payroll data, and salaries for Kapushion Design & Development, Inc
CO

Kapushion Design & Development, Inc

Entity: Corporation

Industry: Engineering Services

Location: Broomfield, CO

Search All PPP Data

Kapushion Design & Development, Inc is a corporation located at 8181 Arista Pl in Broomfield, Colorado that received a Coronavirus-related PPP loan from the SBA of $16,072.00 in May, 2020.

The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #4515387806

Loan Size:

$16,072

Jobs Retained:

1

Loan Approved:

2020-05-28

Loan Status:

Paid in Full or Forgiven

Lender:

U.S. Bank, National Association

Kapushion Design & Development, Inc in Broomfield, CO received a Paycheck Protection Loan of $16,072 through U.S. Bank, National Association, which was approved in May, 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 September, 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 More
Understanding 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 More

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, Kapushion Design & Development, Inc's 2019 payroll expenses are estimated to be at least $77,146.

Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $77,146 per employee1

Reported PPP Proceed Usage:

On the PPP application, Kapushion Design & Development, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $16,072

Business Information - Kapushion Design & Development, Inc in Broomfield, CO

Kapushion Design & Development, Inc
8181 Arista Pl
Broomfield, CO 80021

Business Industry:
Engineering Services
NAICS code 541330

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Jefferson County, CO — SBA Office 0811 — Congressional District: CO-02

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 1) and received an average PPP loan of $251,189 (compared to this company's $16,072).

Industry PPP Comparison Statistics

Nationwide, 46,579 businesses in the "Engineering Services" industry received a total of $9.17B 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, 1200% higher than Kapushion Design & Development, Inc's reported 1 employees, and received an average PPP loan of $196,935, 1125% higher than this company's loan of $16,072.

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.

Search FederalPay's Full PPP Loan Database

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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Source: www.federalpay.org/paycheck-protection-program/kapushion-design-development-inc-broomfield-co