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PPP Loan Data — Brilliant Corners, San Francisco, CA

SBA PPP loan data, payroll data, and salaries for Brilliant Corners
CA Nonprofit Organization

Brilliant Corners

Entity: Non-profit Organization

Industry: Other Social Advocacy Organizations

Location: San Francisco, CA

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Brilliant Corners is a non-profit organization located at 1360 Mission St Ste 300 in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $3,814,900.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.81M

Jobs Retained:

302

Loan Approved:

2020-04-11

Lender:

CRF SMALL BUSINESS LOAN COMPANY, LLC

Brilliant Corners in San Francisco, CA received a Paycheck Protection Loan of $3.81M through CRF SMALL BUSINESS LOAN COMPANY, LLC, which was approved in April, 2020.

Based on standard PPP eligibility rules, Brilliant Corners' total 2019 payroll expenses were approximately $18.31M in order to qualify for the PPP loan amount received.

Based on their reported 302 jobs retained, this equals an estimated average yearly compensation of $60,634 per employee1.

Because the loan received by Brilliant Corners 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 - Brilliant Corners in San Francisco, CA

Brilliant Corners
1360 Mission St Ste 300
San Francisco, CA 94103

Business Industry

Other Social Advocacy Organizations (NAICS code 813319)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-12

Similar Companies near San Francisco

In the San Francisco area, 41 businesses in the "Other Social Advocacy Organizations" industry received a PPP loan. These local businesses reported an average of 54 employees (compared to this company's 302) and received an average PPP loan of $757,980 (compared to this company's $3.81M).

Industry PPP Comparison Statistics

Nationwide, 5,930 businesses in the "Other Social Advocacy Organizations" industry received a total of $1,048,421,927.00 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 17 employees, 94% lower than Brilliant Corners' reported 302 employees, and received an average PPP loan of $176,800, 95% lower than this company's loan of $3.81M.

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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/brilliant-corners-san-francisco-ca