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PPP Loan Data — Advanced Business Copiers, Glendale, CA

ALERT: There are 2 PPP loans for a total of $16,493 in our database for businesses with the name "Advanced Business Copiers" in Glendale, CA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Advanced Business Copiers
CA

Advanced Business Copiers

Entity: Sole Proprietorship

Industry: Computer and Office Machine Repair and Maintenance

Location: Glendale, CA

Search All PPP Data

Advanced Business Copiers is a sole proprietorship located in Glendale, California that received a Coronavirus-related PPP loan from the SBA of $9,301.00 in April, 2021.

$ PPP Loan Information
Loan #8875678710

Loan Size:

$9,301

Jobs Retained:

1

Loan Approved:

2021-04-08

Loan Status:

Paid in Full or Forgiven

Lender:

Cross River Bank

Advanced Business Copiers in Glendale, CA received a Paycheck Protection Loan of $9,301 through Cross River Bank, which was approved in April, 2021.

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 September, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Advanced Business Copiers reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $9,300

Business Information - Advanced Business Copiers in Glendale, CA

Advanced Business Copiers
Glendale, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Computer and Office Machine Repair and Maintenance
NAICS code 811212

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Urban

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-28

Similar Companies near Glendale

In the Glendale area, 8 businesses in the "Computer and Office Machine Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $12,925 (compared to this company's $9,301).

Industry PPP Comparison Statistics

Nationwide, 7,594 businesses in the "Computer and Office Machine Repair and Maintenance" industry received a total of $289.36M 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 4 employees, 300% higher than Advanced Business Copiers' reported 1 employees, and received an average PPP loan of $38,103, 310% higher than this company's loan of $9,301.

SBA PPP loan data, payroll data, and salaries for Advanced Business Copiers
CA

Advanced Business Copiers

Entity: Sole Proprietorship

Industry: Computer and Office Machine Repair and Maintenance

Location: Glendale, CA

Search All PPP Data

Advanced Business Copiers is a sole proprietorship located in Glendale, California that received a Coronavirus-related PPP loan from the SBA of $7,192.00 in January, 2021.

$ PPP Loan Information
Loan #7536438306

Loan Size:

$7,192

Jobs Retained:

1

Loan Approved:

2021-01-28

Loan Status:

Paid in Full or Forgiven

Lender:

Cross River Bank

Advanced Business Copiers in Glendale, CA received a Paycheck Protection Loan of $7,192 through Cross River Bank, which was approved in January, 2021.

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 July, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Advanced Business Copiers reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $7,190
  • Utilities: $1

Business Information - Advanced Business Copiers in Glendale, CA

Advanced Business Copiers
Glendale, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Computer and Office Machine Repair and Maintenance
NAICS code 811212

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-28

Similar Companies near Glendale

In the Glendale area, 8 businesses in the "Computer and Office Machine Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $12,925 (compared to this company's $7,192).

Industry PPP Comparison Statistics

Nationwide, 7,594 businesses in the "Computer and Office Machine Repair and Maintenance" industry received a total of $289.36M 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 4 employees, 300% higher than Advanced Business Copiers' reported 1 employees, and received an average PPP loan of $38,103, 430% higher than this company's loan of $7,192.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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Source: www.federalpay.org/paycheck-protection-program/advanced-business-copiers-glendale-ca