In order to qualify for the PPP loan amount received, Calex Engineering Company's 2019 payroll expenses are estimated to be at least $9.6M. Shop Mens Port and Company Black Size M Tees - Short Sleeve at a discounted price at Poshmark. Unmanned Systems Technology showcases the latest technologies and engineering innovations from component, service and platform suppliers within the unmanned. Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased 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). ![]() Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above.There are 2 total 'Other Heavy and Civil Engineering Construction ' businesses in the zip code 91321. Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs. CALEX ENGINEERING COMPANY has approximately 200 employee, compared to the average 100.5 employees of 'Other Heavy and Civil Engineering Construction ' businesses in the same zip code 91321. Calex Engineering Company is a general engineering contractor specializing in earthwork and shoring.This case was filed in Los Angeles County Superior Courts, Van Nuys Courthouse East located in Los Angeles, California. This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received. On CALEX ENGINEERING COMPANY, A CALIFORNIA CORPORATIONfiled a Contract - Other Contract lawsuit againstDAVISREED CONSTRUCTION, INC, A CALIFORNIA CORPORATION. Four decades later, Calex has transformed into the leading temporary shoring and earthwork specialty contractor in the Los Angeles Basin. ![]() Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received. started in February, 1975 as an earthwork subcontractor that specialized in small scale demolition and site work. Sep 1997 - Dec 201215 years 4 months Sylmar, CA Senior Staff Accountant.
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