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

PPP Loan Data — Albert Bernardo, Orinda, CA

ALERT: There are 2 PPP loans for a total of $55,000 in our database for businesses with the name "Albert Bernardo" in Orinda, 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 Albert Bernardo
CA

Albert Bernardo

Entity: Sole Proprietorship

Industry: Offices of Real Estate Agents and Brokers

Location: Orinda, CA

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Albert Bernardo is a sole proprietorship located in Orinda, California that received a Coronavirus-related PPP loan from the SBA of $30,000.00 in January, 2021.

The company has reported itself as an Asian male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #2843588302

Loan Size:

$30,000

Jobs Retained:

1

Loan Approved:

2021-01-21

Loan Status:

Ongoing Loan

Lender:

Bank of the West
Likely Employment Reduction3

Albert Bernardo in Orinda, CA received a Paycheck Protection Loan of $30,000 through Bank of the West, which was approved in January, 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.

The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 1 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.

The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.


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, Albert Bernardo reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $29,999

Business Information - Albert Bernardo in Orinda, CA

Albert Bernardo
Orinda, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Real Estate Agents and Brokers
NAICS code 531210

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Contra Costa County, CA — SBA Office 0912 — Congressional District: CA-11

Similar Companies near Orinda

In the Orinda area, 65 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $20,395 (compared to this company's $30,000).

Industry PPP Comparison Statistics

Nationwide, 255,794 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.75B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 2 employees, 100% higher than Albert Bernardo's reported 1 employees, and received an average PPP loan of $22,469, 25% lower than this company's loan of $30,000.

SBA PPP loan data, payroll data, and salaries for Albert Bernardo
CA

Albert Bernardo

Entity: Sole Proprietorship

Industry: New Multifamily Housing Construction (except For-Sale Builders)

Location: Orinda, CA

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Albert Bernardo is a sole proprietorship located in Orinda, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.

The company has reported itself as an Asian male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #4097207402

Loan Size:

$25,000

Jobs Retained:

1

Loan Approved:

2020-05-08

Loan Status:

Ongoing Loan

Lender:

Bank of the West
Likely Employment Reduction3

Albert Bernardo in Orinda, CA received a Paycheck Protection Loan of $25,000 through Bank of the West, which was approved in May, 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.

The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 1 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.

The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.


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, Albert Bernardo reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $25,000

Business Information - Albert Bernardo in Orinda, CA

Albert Bernardo
Orinda, CA
* Full address is redacted to protect the privacy of individuals.

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Contra Costa County, CA — SBA Office 0912 — Congressional District: CA-11

Similar Companies near Orinda

In the Orinda area, 5 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 1) and received an average PPP loan of $52,611 (compared to this company's $25,000).

Industry PPP Comparison Statistics

Nationwide, 13,259 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a total of $1.11B 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 8 employees, 700% higher than Albert Bernardo's reported 1 employees, and received an average PPP loan of $83,412, 234% higher than this company's loan of $25,000.

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.

3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/albert-bernardo-orinda-ca