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

PPP Loan Data — Kevlyn Investments Inc, Sacramento, CA

ALERT: There are 2 PPP loans for a total of $62,916 in our database for businesses with the name "Kevlyn Investments Inc" in Sacramento, CA. 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 Kevlyn Investments Inc
CA

Kevlyn Investments Inc

Entity: Corporation

Industry: Nonresidential Property Managers

Location: Sacramento, CA

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Kevlyn Investments Inc is a corporation located at 2020 Hurley Way Ste 205 in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $31,739.00 in February, 2021.

The company has reported itself as a male veteran owned business, and employed at least two people during the applicable loan loan period.

$ PPP Loan Information
Loan #9042358403

Loan Size:

$31,739

Jobs Retained:

2

Loan Approved:

2021-02-14

Loan Status:

Ongoing Loan

Lender:

First Northern Bank of Dixon

Kevlyn Investments Inc in Sacramento, CA received a Paycheck Protection Loan of $31,739 through First Northern Bank of Dixon, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA. The loan's status was last updated by the SBA in November, -0001.

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, Kevlyn Investments Inc's 2019 payroll expenses are estimated to be at least $152,347.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $76,174 per employee1

Reported PPP Proceed Usage:

On the PPP application, Kevlyn Investments Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $31,739

Business Information - Kevlyn Investments Inc in Sacramento, CA

Kevlyn Investments Inc
2020 Hurley Way Ste 205
Sacramento, CA 95825

Business Industry:
Nonresidential Property Managers
NAICS code 531312

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Sacramento County, CA — SBA Office 0931 — Congressional District: CA-06

Similar Companies near Sacramento

In the Sacramento area, 7 businesses in the "Nonresidential Property Managers" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 2) and received an average PPP loan of $318,851 (compared to this company's $31,739).

Industry PPP Comparison Statistics

Nationwide, 11,880 businesses in the "Nonresidential Property Managers" industry received a total of $1.21B 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 9 employees, 350% higher than Kevlyn Investments Inc's reported 2 employees, and received an average PPP loan of $102,065, 222% higher than this company's loan of $31,739.

SBA PPP loan data, payroll data, and salaries for Kevlyn Investments, Inc
CA

Kevlyn Investments, Inc

Entity: Corporation

Industry: Residential Property Managers

Location: Sacramento, CA

Search All PPP Data

Kevlyn Investments, Inc is a corporation located at 2020 Hurley Way #205 in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $31,177.00 in April, 2020.

The company has reported itself as a male veteran owned business, and employed at least two people during the applicable loan loan period.

$ PPP Loan Information
Loan #7568517304

Loan Size:

$31,177

Jobs Retained:

2

Loan Approved:

2020-04-30

Loan Status:

Paid in Full or Forgiven

Lender:

First Northern Bank of Dixon

Kevlyn Investments, Inc in Sacramento, CA received a Paycheck Protection Loan of $31,177 through First Northern Bank of Dixon, 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 December, 2020.

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, Kevlyn Investments, Inc's 2019 payroll expenses are estimated to be at least $149,650.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $74,825 per employee1

Reported PPP Proceed Usage:

On the PPP application, Kevlyn Investments, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $31,177

Business Information - Kevlyn Investments, Inc in Sacramento, CA

Kevlyn Investments, Inc
2020 Hurley Way #205
Sacramento, CA 95825

Business Industry:
Residential Property Managers
NAICS code 531311

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Sacramento County, CA — SBA Office 0931 — Congressional District: CA-06

Similar Companies near Sacramento

In the Sacramento area, 9 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 2) and received an average PPP loan of $94,606 (compared to this company's $31,177).

Industry PPP Comparison Statistics

Nationwide, 35,979 businesses in the "Residential Property Managers" industry received a total of $3.03B 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 9 employees, 350% higher than Kevlyn Investments, Inc's reported 2 employees, and received an average PPP loan of $84,237, 170% higher than this company's loan of $31,177.

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/kevlyn-investments-inc-sacramento-ca