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PPP Loan Data — Thorpe Design, Inc,
Brentwood, CA
Thorpe Design, Inc
Entity: Corporation
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Brentwood, CA
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Thorpe Design, Inc is a corporation located at 410 Beatrice Ct. Suite A in Brentwood, California that received a Coronavirus-related PPP loan from the SBA of $2,466,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
187Loan Approved:
2020-04-09Lender:
BMO HARRIS BANK NATIONAL ASSOCIATIONThorpe Design, Inc in Brentwood, CA received a Paycheck Protection Loan of $2.47M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Thorpe Design, Inc's total 2019 payroll expenses were approximately $11.84M in order to qualify for the PPP loan amount received.
Based on their reported 187 jobs retained, this equals an estimated average yearly compensation of $63,298 per employee1.
Business Information - Thorpe Design, Inc in Brentwood, CA
410 Beatrice Ct. Suite A
Brentwood, CA 94513
Business Industry
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-09Similar Companies near Brentwood
In the Brentwood area, 11 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 187) and received an average PPP loan of $559,080 (compared to this company's $2.47M).
Similar Nearby Businesses Who Received PPP Funding:
Mercury Heating And Air Conditioning Inc
Brentwood, CA
Del Monte Mechanical Inc
Brentwood, CA
Air Mechanics Inc
Brentwood, CA
Perfect Star Heating And Air Conditioning Inc.
Brentwood, CA
Element Power Systems Inc
Brentwood, CA
NOR Cal Duct Testing
Brentwood, CA
West Coast Solar, Inc.
Brentwood, CA
Value Plumbing Inc.
Byron, CA
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 94% lower than Thorpe Design, Inc's reported 187 employees, and received an average PPP loan of $154,981, 94% lower than this company's loan of $2.47M.
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, 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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