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PPP Loan Data — Bega North America, Inc., Carpinteria, CA

SBA PPP loan data, payroll data, and salaries for Bega North America, Inc.

Bega North America, Inc.

Entity: Corporation

Industry: Other Lighting Equipment Manufacturing

Location: Carpinteria, CA

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Bega North America, Inc. is a corporation located at 1000 Bega Way in Carpinteria, California that received a Coronavirus-related PPP loan from the SBA of $2,827,900.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Bega North America, Inc. in Carpinteria, CA received a Paycheck Protection Loan of $2.83M through CITY NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Bega North America, Inc.'s total 2019 payroll expenses were approximately $13.57M in order to qualify for the PPP loan amount received.

Based on their reported 160 jobs retained, this equals an estimated average yearly compensation of $84,837 per employee1.

Because the loan received by Bega North America, 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 - Bega North America, Inc. in Carpinteria, CA

Bega North America, Inc.
1000 Bega Way
Carpinteria, CA 93013

Business Industry

Other Lighting Equipment Manufacturing (NAICS code 335129)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-24

Similar Companies near Carpinteria

In the Carpinteria area, 2 businesses in the "Other Lighting Equipment Manufacturing" industry received a PPP loan. These local businesses reported an average of 90 employees (compared to this company's 160) and received an average PPP loan of $1,537,191 (compared to this company's $2.83M).

Similar Nearby Businesses Who Received PPP Funding:

Thin-Lite Corporation
Camarillo, CA

$246,482 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 481 businesses in the "Other Lighting Equipment Manufacturing" industry received a total of $90,730,877.00 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 14 employees, 91% lower than Bega North America, Inc.'s reported 160 employees, and received an average PPP loan of $188,630, 93% lower than this company's loan of $2.83M.

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.

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 - The Civil Employee's Resource **