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PPP Loan Data — Americor Funding, Inc., Irvine, CA

SBA PPP loan data, payroll data, and salaries for Americor Funding, Inc.

Americor Funding, Inc.

Entity: Corporation

Industry: Oil and Gas Pipeline and Related Structures Construction

Location: Irvine, CA

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Americor Funding, Inc. is a corporation located at 18200 Von Karman Ave. 6th Floor in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $4,845,045.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Americor Funding, Inc. in Irvine, CA received a Paycheck Protection Loan of $4.85M through AXOS BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Americor Funding, Inc.'s total 2019 payroll expenses were approximately $23.26M in order to qualify for the PPP loan amount received.

Based on their reported 407 jobs retained, this equals an estimated average yearly compensation of $57,141 per employee1.

Because the loan received by Americor Funding, 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 - Americor Funding, Inc. in Irvine, CA

Americor Funding, Inc.
18200 Von Karman Ave. 6th Floor
Irvine, CA 92612

Business Industry

Oil and Gas Pipeline and Related Structures Construction (NAICS code 237120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: NON-VETERAN

Congressional District: CA-45

Industry PPP Comparison Statistics

Nationwide, 1,513 businesses in the "Oil and Gas Pipeline and Related Structures Construction" industry received a total of $689,155,003.00 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 26 employees, 94% lower than Americor Funding, Inc.'s reported 407 employees, and received an average PPP loan of $455,489, 91% lower than this company's loan of $4.85M.

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, 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 - The Civil Employee's Resource **