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PPP Loan Data — Ariana Inc,
Palo Alto, CA
Ariana Inc
Entity: Corporation
Industry: All Other Business Support Services
Location: Palo Alto, CA
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Ariana Inc is a corporation located at 3398 El Camino Real in Palo Alto, California that received a Coronavirus-related PPP loan from the SBA of $86,942.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
14Loan Approved:
2020-05-02Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONAriana Inc received a Paycheck Protection Loan of $86,942 through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Ariana Inc's total 2019 payroll expenses were approximately $417,322 in order to qualify for the PPP loan amount received.
Based on their reported 14 jobs retained, this equals an estimated average yearly compensation of $29,809 per employee1.
Business Information - Ariana Inc in Palo Alto, CA
3398 El Camino Real
Palo Alto, CA 94306
Business Industry
All Other Business Support Services (NAICS code 561499)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-18Similar Companies near Palo Alto
In the Palo Alto area, 6 businesses in the "All Other Business Support Services" industry received a PPP loan. These local businesses reported an average of 19 employees (compared to this company's 14) and received an average PPP loan of $607,229 (compared to this company's $86,942).
Similar Nearby Businesses Who Received PPP Funding:
Aibee Us Corporation
Palo Alto, CA
Atila Biosystems Incorporated
Palo Alto, CA
Cognicor Technologies Inc.
Palo Alto, CA
Michael F Wallau Enterprises Inc
Palo Alto, CA
Morningstar Educational Group Inc
Palo Alto, CA
Industry PPP Comparison Statistics
Nationwide, 28,906 businesses in the "All Other Business Support Services" industry received a total of $1,963,852,672.00 in PPP loans. These businesses account for 1% 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, 64% lower than Ariana Inc's reported 14 employees, and received an average PPP loan of $67,939, 22% lower than this company's loan of $86,942.
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. 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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