PPP Loan Data — California Clinic Management, LLC, Pasadena, CA
California Clinic Management, LLC
Entity: Limited Liability Company (LLC)
Location: Pasadena, CATweet This • Search All PPP Data
California Clinic Management, LLC is a limited liability company (LLC) located at 100 E. California Blvd. in Pasadena, California that received a Coronavirus-related PPP loan from the SBA of $5,779,200.00 in April, 2020.
The company has reported itself as an Asian male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
California Clinic Management, LLC in Pasadena, CA received a Paycheck Protection Loan of $5.78M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, California Clinic Management, LLC's total 2019 payroll expenses were approximately $27.74M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $55,480 per employee1.
Business Information - California Clinic Management, LLC in Pasadena, CA
100 E. California Blvd.
Pasadena, CA 91105
Administrative Management and General Management Consulting Services (NAICS code 541611)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-28
Similar Companies near Pasadena
In the Pasadena area, 27 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 500) and received an average PPP loan of $276,116 (compared to this company's $5.78M).
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Industry PPP Comparison Statistics
Nationwide, 42,814 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $3,692,368,152.00 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, 99% lower than California Clinic Management, LLC's reported 500 employees, and received an average PPP loan of $86,242, 99% lower than this company's loan of $5.78M.
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.
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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