PPP Loan Data — Maintex, Inc, La Puente, CA
Maintex, Inc is a subchapter s corporation located at 13300 Nelson Ave in La Puente, California that received a Coronavirus-related PPP loan from the SBA of $2,118,800.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 185 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Zions Bank, A Division of
Maintex, Inc in La Puente, CA received a Paycheck Protection Loan of $2.12M through Zions Bank, A Division of, 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 June, 2021.
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, Maintex, Inc's 2019 payroll expenses are estimated to be at least $10.17M.
Based on their reported 185 jobs retained, this equals an estimated average yearly compensation of $54,974 per employee1
Reported PPP Proceed Usage:
On the PPP application, Maintex, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,118,800
Business Information - Maintex, Inc in La Puente, CA
13300 Nelson Ave
La Puente, CA 91746
Polish and Other Sanitation Good Manufacturing
NAICS code 325612
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near La Puente
In the La Puente area, 2 businesses in the "Polish and Other Sanitation Good Manufacturing" industry received a PPP loan. These local businesses reported an average of 96 employees (compared to this company's 185) and received an average PPP loan of $1,081,725 (compared to this company's $2.12M).
Similar Nearby Businesses Who Received PPP Funding:
Neodane Distributing Inc
Hacienda Hts, CA
Industry PPP Comparison Statistics
Nationwide, 693 businesses in the "Polish and Other Sanitation Good Manufacturing" industry received a total of $94.39M 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 14 employees, 92% lower than Maintex, Inc's reported 185 employees, and received an average PPP loan of $136,202, 94% lower than this company's loan of $2.12M.
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Footnotes & Information
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