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PPP Loan Data — ZIM Industries, Inc, Fresno, CA

SBA PPP loan data, payroll data, and salaries for ZIM Industries, Inc
CA

ZIM Industries, Inc

Entity: Subchapter S Corporation

Industry: Water and Sewer Line and Related Structures Construction

Location: Fresno, CA

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ZIM Industries, Inc is a subchapter s corporation located at 4532 E Jefferson Ave in Fresno, California that received a Coronavirus-related PPP loan from the SBA of $2,932,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.93M

Jobs Retained:

166

Loan Approved:

2020-04-15

Lender:

COMERICA BANK

ZIM Industries, Inc received a Paycheck Protection Loan of $2.93M through COMERICA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, ZIM Industries, Inc's total 2019 payroll expenses were approximately $14.08M in order to qualify for the PPP loan amount received.

Based on their reported 166 jobs retained, this equals an estimated average yearly compensation of $84,798 per employee1.

Because the loan received by ZIM Industries, Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - ZIM Industries, Inc in Fresno, CA

ZIM Industries, Inc
4532 E Jefferson Ave
Fresno, CA 93725

Business Industry

Water and Sewer Line and Related Structures Construction (NAICS code 237110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-21

Similar Companies near Fresno

In the Fresno area, 2 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 166) and received an average PPP loan of $1,564,152 (compared to this company's $2.93M).

Similar Nearby Businesses Who Received PPP Funding:

Arthur And Orum Well Drilling, Inc.
Fresno, CA

$195,703 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 5,092 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a total of $1,334,037,195.00 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 17 employees, 90% lower than ZIM Industries, Inc's reported 166 employees, and received an average PPP loan of $261,987, 91% lower than this company's loan of $2.93M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/zim-industries-inc-fresno-ca