PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Ahmed Elsayed Dental Corporation, Madera, CA

ALERT: There are 2 PPP loans for a total of $169,334 in our database for businesses with the name "Ahmed Elsayed Dental Corporation" in Madera, 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 Ahmed Elsayed Dental Corporation
CA

Ahmed Elsayed Dental Corporation

Entity: Corporation

Industry: Offices of Dentists

Location: Madera, CA

Search All PPP Data

Ahmed Elsayed Dental Corporation is a corporation located at 2311 W Cleveland Ave Ste 103 in Madera, California that received a Coronavirus-related PPP loan from the SBA of $84,667.00 in February, 2021.

$ PPP Loan Information
Loan #2618418410

Loan Size:

$84,667

Jobs Retained:

12

Loan Approved:

2021-02-03

Loan Status:

Ongoing Loan

Lender:

JPMorgan Chase Bank, National Association

Ahmed Elsayed Dental Corporation in Madera, CA received a Paycheck Protection Loan of $84,667 through JPMorgan Chase Bank, National Association, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Ahmed Elsayed Dental Corporation's 2019 payroll expenses are estimated to be at least $406,402.

Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $33,867 per employee1

Reported PPP Proceed Usage:

On the PPP application, Ahmed Elsayed Dental Corporation reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $84,665
  • Utilities: $1

Business Information - Ahmed Elsayed Dental Corporation in Madera, CA

Ahmed Elsayed Dental Corporation
2311 W Cleveland Ave Ste 103
Madera, CA 93637

Business Industry:
Offices of Dentists
NAICS code 621210

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: Rural

Madera County, CA — SBA Office 0942 — Congressional District: CA-16

Similar Companies near Madera

In the Madera area, 33 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 12) and received an average PPP loan of $49,357 (compared to this company's $84,667).

Industry PPP Comparison Statistics

Nationwide, 167,529 businesses in the "Offices of Dentists" industry received a total of $13.63B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 9 employees, 25% lower than Ahmed Elsayed Dental Corporation's reported 12 employees, and received an average PPP loan of $81,389, 4% lower than this company's loan of $84,667.

SBA PPP loan data, payroll data, and salaries for Ahmed Elsayed Dental Corporation
CA

Ahmed Elsayed Dental Corporation

Entity: Corporation

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Madera, CA

Search All PPP Data

Ahmed Elsayed Dental Corporation is a corporation located at 2311 West Cleveland Avenue in Madera, California that received a Coronavirus-related PPP loan from the SBA of $84,667.00 in April, 2020.

$ PPP Loan Information
Loan #3328007307

Loan Size:

$84,667

Jobs Retained:

12

Loan Approved:

2020-04-29

Loan Status:

Ongoing Loan

Lender:

Celtic Bank Corporation

Ahmed Elsayed Dental Corporation in Madera, CA received a Paycheck Protection Loan of $84,667 through Celtic Bank Corporation, which was approved in April, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Ahmed Elsayed Dental Corporation's 2019 payroll expenses are estimated to be at least $406,402.

Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $33,867 per employee1

Reported PPP Proceed Usage:

On the PPP application, Ahmed Elsayed Dental Corporation reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $63,500
  • Utilities: $10,583
  • Rent: $10,583

Business Information - Ahmed Elsayed Dental Corporation in Madera, CA

Ahmed Elsayed Dental Corporation
2311 West Cleveland Avenue
Madera, CA 93637

Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111

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: Rural

Madera County, CA — SBA Office 0942 — Congressional District: CA-16

Similar Companies near Madera

In the Madera area, 34 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 12) and received an average PPP loan of $192,720 (compared to this company's $84,667).

Industry PPP Comparison Statistics

Nationwide, 166,222 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $20.52B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 8% lower than Ahmed Elsayed Dental Corporation's reported 12 employees, and received an average PPP loan of $123,474, 46% higher than this company's loan of $84,667.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ahmed-elsayed-dental-corporation-madera-ca