PPP Loan Data — L&S Framing Inc, Rocklin, CA
L&S Framing Inc is a corporation located at 1145 Tara Court in Rocklin, California that received a Coronavirus-related PPP loan from the SBA of $3,453,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 350 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIVE STAR BANK
L&S Framing Inc received a Paycheck Protection Loan of $3.45M through FIVE STAR BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, L&S Framing Inc's total 2019 payroll expenses were approximately $16.57M in order to qualify for the PPP loan amount received.
Based on their reported 350 jobs retained, this equals an estimated average yearly compensation of $47,355 per employee1.
Business Information - L&S Framing Inc in Rocklin, CA
1145 Tara Court
Rocklin, CA 95765
Framing Contractors (NAICS code 238130)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-04
Industry PPP Comparison Statistics
Nationwide, 4,834 businesses in the "Framing Contractors" industry received a total of $495,274,048.00 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 8 employees, 98% lower than L&S Framing Inc's reported 350 employees, and received an average PPP loan of $102,456, 97% lower than this company's loan of $3.45M.
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Footnotes & Information
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