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PPP Loan Data — Kennerly Construction Corp,
Denver, CO
Kennerly Construction Corp
Entity: Corporation
Industry: Commercial and Institutional Building Construction
Location: Denver, CO
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Kennerly Construction Corp is a corporation located at 2390 S. Kalamath St. in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $32,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least three people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
3Loan Approved:
2020-04-07Lender:
FIRSTBANKKennerly Construction Corp received a Paycheck Protection Loan of $32,400 through FIRSTBANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kennerly Construction Corp's total 2019 payroll expenses were approximately $155,520 in order to qualify for the PPP loan amount received.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $51,840 per employee1.
Business Information - Kennerly Construction Corp in Denver, CO
2390 S. Kalamath St.
Denver, CO 80223
Business Industry
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CO-01Similar Companies near Denver
In the Denver area, 19 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 3) and received an average PPP loan of $426,432 (compared to this company's $32,400).
Similar Nearby Businesses Who Received PPP Funding:
AJ Kirkegaard Contractors Inc
Denver, CO
Shaw Services Company
Denver, CO
Carrasco Kube Cabral Cement Contractors Inc.
Denver, CO
BOA Construction, Inc
Denver, CO
Brandon Beston Homes LLC
Denver, CO
BG Construction, Inc.
Denver, CO
Zerr Enterprises, Inc.
Denver, CO
Wall Management LLC
Denver, CO
Industry PPP Comparison Statistics
Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 13 employees, 333% higher than Kennerly Construction Corp's reported 3 employees, and received an average PPP loan of $203,235, 527% higher than this company's loan of $32,400.
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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