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PPP Loan Data — Patriot Framing LLC,
Las Vegas, NV
Patriot Framing LLC
Entity: Limited Liability Company (LLC)
Industry: Framing Contractors
Location: Las Vegas, NV
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Patriot Framing LLC is a limited liability company (LLC) located at 3638 N Rancho Drive in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $4,423,300.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
470Loan Approved:
2020-04-14Lender:
ZIONS BANK, A DIVISION OFPatriot Framing LLC received a Paycheck Protection Loan of $4.42M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Patriot Framing LLC's total 2019 payroll expenses were approximately $21.23M in order to qualify for the PPP loan amount received.
Based on their reported 470 jobs retained, this equals an estimated average yearly compensation of $45,174 per employee1.
Business Information - Patriot Framing LLC in Las Vegas, NV
3638 N Rancho Drive
Las Vegas, NV 89130
Business Industry
Framing Contractors (NAICS code 238130)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NV-04Similar Companies near Las Vegas
In the Las Vegas area, 2 businesses in the "Framing Contractors" industry received a PPP loan. These local businesses reported an average of 235 employees (compared to this company's 470) and received an average PPP loan of $2,212,692 (compared to this company's $4.42M).
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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 Patriot Framing LLC's reported 470 employees, and received an average PPP loan of $102,456, 98% lower than this company's loan of $4.42M.
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.
Footnotes & Information
1. 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.
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