PPP Loan Data — Km3Fm Inc, Dublin, CA
Km3Fm Inc is a corporation located at 7172 Regional St in Dublin, California that received a Coronavirus-related PPP loan from the SBA of $45,945.00 in April, 2020. This business is a The UPS Store (f/k/a Mail Box Etc dba The UPS Store) franchise.
The company has reported itself as a male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of the West
Km3Fm Inc in Dublin, CA received a Paycheck Protection Loan of $45,945 through Bank of the West, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Km3Fm Inc's 2019 payroll expenses are estimated to be at least $220,536.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $36,756 per employee1
Reported PPP Proceed Usage:
On the PPP application, Km3Fm Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,945
Business Information - Km3Fm Inc in Dublin, CA
7172 Regional St
Dublin, CA 94568
Couriers and Express Delivery Services
NAICS code 492110
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dublin
In the Dublin area, 34 businesses in the "Couriers and Express Delivery Services" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 6) and received an average PPP loan of $19,134 (compared to this company's $45,945).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 90,334 businesses in the "Couriers and Express Delivery Services" industry received a total of $1.39B 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 2 employees, 67% lower than Km3Fm Inc's reported 6 employees, and received an average PPP loan of $15,334, 67% lower than this company's loan of $45,945.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!