PPP Loan Data — The Don Chapin Company Inc, Salinas, CA
The Don Chapin Company Inc is a corporation located at 560 Crazy Horse Canyon Rd in Salinas, California that received a Coronavirus-related PPP loan from the SBA of $3,904,900.00 in April, 2020.
$ PPP Loan Information
Lender:1ST CAPITAL BANK
The Don Chapin Company Inc in Salinas, CA received a Paycheck Protection Loan of $3.9M through 1ST CAPITAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Don Chapin Company Inc's total 2019 payroll expenses were approximately $18.74M in order to qualify for the PPP loan amount received.
Based on their reported 213 jobs retained, this equals an estimated average yearly compensation of $87,998 per employee1.
Business Information - The Don Chapin Company Inc in Salinas, CA
560 Crazy Horse Canyon Rd
Salinas, CA 93907
Other Heavy and Civil Engineering Construction (NAICS code 237990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-20
Industry PPP Comparison Statistics
Nationwide, 5,686 businesses in the "Other Heavy and Civil Engineering Construction" industry received a total of $1,754,404,434.00 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 19 employees, 91% lower than The Don Chapin Company Inc's reported 213 employees, and received an average PPP loan of $308,548, 92% lower than this company's loan of $3.9M.
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Footnotes & Information
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