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

PPP Loan Data — AMS Appliance Repair, Hayward, CA

ALERT: There are a total of 2 PPP loans in our database for businesses with the name "AMS Appliance Repair" in Hayward, CA. Reasoning for multiple loans may include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. See the list of loans under this name and additional details below.

SBA PPP loan data, payroll data, and salaries for AMS Appliance Repair
CA

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 Size:

$19,288

Jobs Retained:

1

Loan Approved:

2020-07-10

Lender:

CUSTOMERS BANK

AMS Appliance Repair received a Paycheck Protection Loan of $19,288 through CUSTOMERS BANK, which was approved in July, 2020.


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.

Business Information - AMS Appliance Repair in Hayward, CA

AMS Appliance Repair
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 / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-15

Similar Companies near Hayward

In the Hayward area, 3 businesses in the "Appliance Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 1) and received an average PPP loan of $49,301 (compared to this company's $19,288).

Industry PPP Comparison Statistics

Nationwide, 5,405 businesses in the "Appliance Repair and Maintenance" industry received a total of $272,356,117.00 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 5 employees, 400% higher than AMS Appliance Repair's reported 1 employees, and received an average PPP loan of $50,390, 161% higher than this company's loan of $19,288.

SBA PPP loan data, payroll data, and salaries for AMS Appliance Repair
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 Size:

$6,315

Jobs Retained:

2

Loan Approved:

2020-07-14

Lender:

WEBBANK

AMS Appliance Repair received a Paycheck Protection Loan of $6,315 through WEBBANK, which was approved in July, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, AMS Appliance Repair's total 2019 payroll expenses were approximately $30,312 in order to qualify for the PPP loan amount received.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $15,156 per employee1.

Business Information - AMS Appliance Repair in Hayward, CA

AMS Appliance Repair
80 Middleton Place
Hayward, CA 94544

Business Industry

All Other Miscellaneous Store Retailers (except Tobacco Stores) (NAICS code 453998)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-15

Similar Companies near Hayward

In the Hayward area, 38 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 2) and received an average PPP loan of $205,160 (compared to this company's $6,315).

Industry PPP Comparison Statistics

Nationwide, 67,030 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $3,394,491,072.00 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 6 employees, 200% higher than AMS Appliance Repair's reported 2 employees, and received an average PPP loan of $50,641, 702% higher than this company's loan of $6,315.

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. 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/ams-appliance-repair-hayward-ca