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PPP Loan Data — AMS Appliance Repair,
Hayward, CA
AMS Appliance Repair
Entity: Sole Proprietorship
Industry: All Other Miscellaneous Store Retailers (except Tobacco Stores)
Location: Hayward, CA
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AMS Appliance Repair is a sole proprietorship located at 80 Middleton Place in Hayward, California that received a Coronavirus-related PPP loan from the SBA of $6,315.00 in July, 2020.
$
PPP Loan Information
Loan #3494118100
Loan Size:
Jobs Retained:
2Loan Approved:
2020-07-14Loan Status:
Ongoing LoanLender:
WebBankAMS Appliance Repair in Hayward, CA received a Paycheck Protection Loan of $6,315 through WebBank, which was approved in July, 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 MoreUnderstanding 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 MoreBased 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, AMS Appliance Repair's 2019 payroll expenses are estimated to be at least $30,312.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $15,156 per employee1
Reported PPP Proceed Usage:
On the PPP application, AMS Appliance Repair reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $6,315
Business Information - AMS Appliance Repair in Hayward, CA
80 Middleton Place
Hayward, CA 94544
Business Industry:
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
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: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Hayward
In the Hayward area, 85 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 2) and received an average PPP loan of $109,990 (compared to this company's $6,315).
Similar Nearby Businesses Who Received PPP Funding:
Glazier Steel, Inc
Hayward, CA
Patrick Morris
Hayward, CA
Carlos Martinez
Hayward, CA
Devon Griffin
Hayward, CA
Twilight Zone
Hayward, CA
Aileen Ho Corp
Hayward, CA
Marco Ulises Rivas Manzo DBA Marco Rivas Manzo
Hayward, CA
Commit-Pacific Investments
Hayward, CA
Industry PPP Comparison Statistics
Nationwide, 239,163 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $7.15B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 100% higher than AMS Appliance Repair's reported 2 employees, and received an average PPP loan of $29,902, 374% higher than this company's loan of $6,315.
AMS Appliance Repair
Entity: Sole Proprietorship
Industry: All Other Miscellaneous Store Retailers (except Tobacco Stores)
Location: Hayward, CA
Tweet This
•
Search All PPP Data
AMS Appliance Repair is a sole proprietorship located at 80 Middleton Place in Hayward, California that received a Coronavirus-related PPP loan from the SBA of $6,315.00 in July, 2020.
$
PPP Loan Information
Loan #3494118100
Loan Size:
Jobs Retained:
2Loan Approved:
2020-07-14Loan Status:
Ongoing LoanLender:
WebBankAMS Appliance Repair in Hayward, CA received a Paycheck Protection Loan of $6,315 through WebBank, which was approved in July, 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 MoreUnderstanding 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 MoreBased 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, AMS Appliance Repair's 2019 payroll expenses are estimated to be at least $30,312.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $15,156 per employee1
Reported PPP Proceed Usage:
On the PPP application, AMS Appliance Repair reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $6,315
Business Information - AMS Appliance Repair in Hayward, CA
80 Middleton Place
Hayward, CA 94544
Business Industry:
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
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: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Hayward
In the Hayward area, 85 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 2) and received an average PPP loan of $109,990 (compared to this company's $6,315).
Similar Nearby Businesses Who Received PPP Funding:
Glazier Steel, Inc
Hayward, CA
Patrick Morris
Hayward, CA
Carlos Martinez
Hayward, CA
Devon Griffin
Hayward, CA
Twilight Zone
Hayward, CA
Aileen Ho Corp
Hayward, CA
Marco Ulises Rivas Manzo DBA Marco Rivas Manzo
Hayward, CA
Commit-Pacific Investments
Hayward, CA
Industry PPP Comparison Statistics
Nationwide, 239,163 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $7.15B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 100% higher than AMS Appliance Repair's reported 2 employees, and received an average PPP loan of $29,902, 374% higher than this company's loan of $6,315.
AMS Appliance Repair
Entity: Self-employed Individual
Industry: Appliance Repair and Maintenance
Location: Hayward, CA
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AMS Appliance Repair is a self-employed individual located in Hayward, California that received a Coronavirus-related PPP loan from the SBA of $19,288.00 in July, 2020.
$
PPP Loan Information
Loan #1565218105
Loan Size:
Jobs Retained:
1Loan Approved:
2020-07-10Loan Status:
Ongoing LoanLender:
Customers BankAMS Appliance Repair in Hayward, CA received a Paycheck Protection Loan of $19,288 through Customers Bank, which was approved in July, 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.
Reported PPP Proceed Usage:
On the PPP application, AMS Appliance Repair reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $19,288
Business Information - AMS Appliance Repair in Hayward, CA
Hayward, CA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Appliance Repair and Maintenance
NAICS code 811412
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: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Hayward
In the Hayward area, 6 businesses in the "Appliance Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $34,379 (compared to this company's $19,288).
Similar Nearby Businesses Who Received PPP Funding:
Payless Appliance Inc
Hayward, CA
Chadwick Simpson III
Hayward, CA
Pacific Coast Shredder Repair Company
Hayward, CA
Industry PPP Comparison Statistics
Nationwide, 15,818 businesses in the "Appliance Repair and Maintenance" industry received a total of $513.19M 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 AMS Appliance Repair's reported 1 employees, and received an average PPP loan of $32,443, 68% higher than this company's loan of $19,288.
AMS Appliance Repair
Entity: Self-employed Individual
Industry: Appliance Repair and Maintenance
Location: Hayward, CA
Tweet This
•
Search All PPP Data
AMS Appliance Repair is a self-employed individual located in Hayward, California that received a Coronavirus-related PPP loan from the SBA of $19,288.00 in July, 2020.
$
PPP Loan Information
Loan #1565218105
Loan Size:
Jobs Retained:
1Loan Approved:
2020-07-10Loan Status:
Ongoing LoanLender:
Customers BankAMS Appliance Repair in Hayward, CA received a Paycheck Protection Loan of $19,288 through Customers Bank, which was approved in July, 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.
Reported PPP Proceed Usage:
On the PPP application, AMS Appliance Repair reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $19,288
Business Information - AMS Appliance Repair in Hayward, CA
Hayward, CA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Appliance Repair and Maintenance
NAICS code 811412
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: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Hayward
In the Hayward area, 6 businesses in the "Appliance Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $34,379 (compared to this company's $19,288).
Similar Nearby Businesses Who Received PPP Funding:
Payless Appliance Inc
Hayward, CA
Chadwick Simpson III
Hayward, CA
Pacific Coast Shredder Repair Company
Hayward, CA
Industry PPP Comparison Statistics
Nationwide, 15,818 businesses in the "Appliance Repair and Maintenance" industry received a total of $513.19M 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 AMS Appliance Repair's reported 1 employees, and received an average PPP loan of $32,443, 68% higher than this company's loan of $19,288.
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.
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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