PPP Loan Data — Kurt Jehling Construction, Corte Madera, CA
Kurt Jehling Construction
Entity: Sole Proprietorship
Location: Corte Madera, CATweet This • Search All PPP Data
Kurt Jehling Construction is a sole proprietorship located at 3 Lupine Dr in Corte Madera, California that received a Coronavirus-related PPP loan from the SBA of $46,518.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Kurt Jehling Construction in Corte Madera, CA received a Paycheck Protection Loan of $46,518 through KeyPoint CU, 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
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, Kurt Jehling Construction's 2019 payroll expenses are estimated to be at least $223,286.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $74,429 per employee1
Reported PPP Proceed Usage:
On the PPP application, Kurt Jehling Construction reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,518
Business Information - Kurt Jehling Construction in Corte Madera, CA
3 Lupine Dr
Corte Madera, CA 94925
Commercial and Institutional Building Construction
NAICS code 236220
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Corte Madera
In the Corte Madera area, 3 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 3) and received an average PPP loan of $154,338 (compared to this company's $46,518).
Similar Nearby Businesses Who Received PPP Funding:
Parkworks Mechanical Systems
Corte Madera, CA
Industry PPP Comparison Statistics
Nationwide, 78,873 businesses in the "Commercial and Institutional Building Construction" industry received a total of $12.41B 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 12 employees, 300% higher than Kurt Jehling Construction's reported 3 employees, and received an average PPP loan of $157,325, 238% higher than this company's loan of $46,518.
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Footnotes & Information
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