FederalPay.org
PPP Loan Data — K.p. Kauffman Company, Inc,
Denver, CO
K.p. Kauffman Company, Inc
Entity: Subchapter S Corporation
Industry: Crude Petroleum Extraction
Location: Denver, CO
Tweet This
•
Search All PPP Data
K.p. Kauffman Company, Inc is a subchapter s corporation located at 1675 Broadway Ste 2800 in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in February, 2021.
$ PPP Loan Information Loan #5057028501
Loan Size:
Jobs Retained:
179Loan Approved:
2021-02-27Loan Status:
Ongoing LoanLender:
BOKF, National AssociationK.p. Kauffman Company, Inc in Denver, CO received a Paycheck Protection Loan of $2M through BOKF, National Association, 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.
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 MoreUnderstanding 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 MoreBased 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, K.p. Kauffman Company, Inc's 2019 payroll expenses are estimated to be at least $9.6M.
Based on their reported 179 jobs retained, this equals an estimated average yearly compensation of $53,631 per employee1
Reported PPP Proceed Usage:
On the PPP application, K.p. Kauffman Company, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,999,997
- Utilities: $1
Business Information - K.p. Kauffman Company, Inc in Denver, CO
1675 Broadway Ste 2800
Denver, CO 80202
Business Industry:
Crude Petroleum Extraction
NAICS code 211120
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Denver
In the Denver area, 43 businesses in the "Crude Petroleum Extraction " industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 179) and received an average PPP loan of $296,643 (compared to this company's $2M).
Similar Nearby Businesses Who Received PPP Funding:
Central Operating, Inc
Denver, CO
Advantage Resources, Inc
Denver, CO
Antelope Energy Company, LLC
Denver, CO
Bright Rock Energy LLC
Denver, CO
TCA Microgrid Energy LLC
Denver, CO
Riverdale Oil & Gas III LLC
Denver, CO
Petroleum Resource Management Corp
Denver, CO
Palisade Energy, LLC
Denver, CO
Samuel Gary Jr. & Associates, Inc
Denver, CO
Industry PPP Comparison Statistics
Nationwide, 5,243 businesses in the "Crude Petroleum Extraction " industry received a total of $614,406,601.00 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 7 employees, 96% lower than K.p. Kauffman Company, Inc's reported 179 employees, and received an average PPP loan of $117,186, 94% lower than this company's loan of $2M.
K.p. Kauffman Company, Inc
Entity: Subchapter S Corporation
Industry: Drilling Oil and Gas Wells
Location: Denver, CO
Tweet This
•
Search All PPP Data
K.p. Kauffman Company, Inc is a subchapter s corporation located at 1675 Broadway Ste 2800 in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,500,900.00 in April, 2020.
$ PPP Loan Information Loan #7665167003
Loan Size:
Jobs Retained:
170Loan Approved:
2020-04-07Loan Status:
Ongoing LoanLender:
BOKF, National AssociationK.p. Kauffman Company, Inc in Denver, CO received a Paycheck Protection Loan of $2.5M through BOKF, National Association, which was approved in April, 2020.
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.
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 MoreUnderstanding 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 MoreBased 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, K.p. Kauffman Company, Inc's 2019 payroll expenses are estimated to be at least $12M.
Based on their reported 170 jobs retained, this equals an estimated average yearly compensation of $70,614 per employee1
Reported PPP Proceed Usage:
On the PPP application, K.p. Kauffman Company, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,500,900
Business Information - K.p. Kauffman Company, Inc in Denver, CO
1675 Broadway Ste 2800
Denver, CO 80202
Business Industry:
Drilling Oil and Gas Wells
NAICS code 213111
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Denver
In the Denver area, 20 businesses in the "Drilling Oil and Gas Wells" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 170) and received an average PPP loan of $377,122 (compared to this company's $2.5M).
Similar Nearby Businesses Who Received PPP Funding:
Sundance Resources LLC
Denver, CO
Crimson Resource Management Corp
Denver, CO
Samuel Gary Jr. & Associates Inc
Denver, CO
Palisade Energy LLC
Denver, CO
Mcelvain Energy, Inc
Denver, CO
Strata-X, Inc
Denver, CO
Petrosight USA, Inc
Denver, CO
Transcontinent Oil Company
Denver, CO
Bayswater Management Company LP
Denver, CO
Industry PPP Comparison Statistics
Nationwide, 4,866 businesses in the "Drilling Oil and Gas Wells" industry received a total of $731,139,172.00 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 10 employees, 94% lower than K.p. Kauffman Company, Inc's reported 170 employees, and received an average PPP loan of $150,255, 94% lower than this company's loan of $2.5M.
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. 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.
Have FederalPay.org's open data tools been valuable? Consider donating!