PPP Loan Data — Verde Valley Enterprises, Camp Verde, AZ
Verde Valley Enterprises is a corporation located at 554 S Longhorn Dr in Camp Verde, Arizona that received a Coronavirus-related PPP loan from the SBA of $46,800.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Zions Bank, A Division of
Verde Valley Enterprises in Camp Verde, AZ received a Paycheck Protection Loan of $46,800 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 February, 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, Verde Valley Enterprises' 2019 payroll expenses are estimated to be at least $224,640.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $74,880 per employee1
Reported PPP Proceed Usage:
On the PPP application, Verde Valley Enterprises reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,800
Business Information - Verde Valley Enterprises in Camp Verde, AZ
554 S Longhorn Dr
Camp Verde, AZ 86322
NAICS code 238160
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Rural
Similar Companies near Camp Verde
In the Camp Verde area, 2 businesses in the "Roofing Contractors" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 3) and received an average PPP loan of $25,066 (compared to this company's $46,800).
Similar Nearby Businesses Who Received PPP Funding:
Camp Verde, AZ
Industry PPP Comparison Statistics
Nationwide, 28,905 businesses in the "Roofing Contractors" industry received a total of $2.88B 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 9 employees, 200% higher than Verde Valley Enterprises' reported 3 employees, and received an average PPP loan of $99,538, 113% higher than this company's loan of $46,800.
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Footnotes & Information
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