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PPP Loan Data — Western Building Center, Inc.,
Kalispell, MT
Western Building Center, Inc.
Entity: Corporation
Industry: Home Centers
Location: Kalispell, MT
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Western Building Center, Inc. is a corporation located at 1745 3rd Ave E in Kalispell, Montana that received a Coronavirus-related PPP loan from the SBA of $3,094,600.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
250Loan Approved:
2020-04-05Lender:
THREE RIVERS BANK OF MONTANAWestern Building Center, Inc. in Kalispell, MT received a Paycheck Protection Loan of $3.09M through THREE RIVERS BANK OF MONTANA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Western Building Center, Inc.'s total 2019 payroll expenses were approximately $14.85M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $59,416 per employee1.
Business Information - Western Building Center, Inc. in Kalispell, MT
1745 3rd Ave E
Kalispell, MT 59901
Business Industry
Home Centers (NAICS code 444110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MT-Industry PPP Comparison Statistics
Nationwide, 2,392 businesses in the "Home Centers" industry received a total of $390,606,472.00 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 15 employees, 94% lower than Western Building Center, Inc.'s reported 250 employees, and received an average PPP loan of $163,297, 95% lower than this company's loan of $3.09M.
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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