PPP Loan Data — KIT Homebuilders West, LLC, Caldwell, ID
KIT Homebuilders West, LLC is a limited liability company (LLC) located at 1000 Garber Street in Caldwell, Idaho that received a Coronavirus-related PPP loan from the SBA of $3,339,795.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF THE WEST
KIT Homebuilders West, LLC in Caldwell, ID received a Paycheck Protection Loan of $3.34M through BANK OF THE WEST, which was approved in April, 2020.
Based on standard PPP eligibility rules, KIT Homebuilders West, LLC's total 2019 payroll expenses were approximately $16.03M in order to qualify for the PPP loan amount received.
Based on their reported 251 jobs retained, this equals an estimated average yearly compensation of $63,869 per employee1.
Business Information - KIT Homebuilders West, LLC in Caldwell, ID
1000 Garber Street
Caldwell, ID 83605
Manufactured Home (Mobile Home) Manufacturing (NAICS code 321991)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: ID-01
Industry PPP Comparison Statistics
Nationwide, 303 businesses in the "Manufactured Home (Mobile Home) Manufacturing" industry received a total of $78,778,290.00 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 26 employees, 90% lower than KIT Homebuilders West, LLC's reported 251 employees, and received an average PPP loan of $259,994, 92% lower than this company's loan of $3.34M.
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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