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PPP Loan Data — Camarena Health, Madera, CA

SBA PPP loan data, payroll data, and salaries for Camarena Health
CA Nonprofit Organization

Camarena Health

Entity: Non-profit Organization

Industry: Offices of Physicians (except Mental Health Specialists)

Location: Madera, CA

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Camarena Health is a non-profit organization located at 730 N I Street Suite 202 in Madera, California that received a Coronavirus-related PPP loan from the SBA of $4,200,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.2M

Jobs Retained:

442

Loan Approved:

2020-04-14

Lender:

CITIZENS BUSINESS BANK

Camarena Health received a Paycheck Protection Loan of $4.2M through CITIZENS BUSINESS BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Camarena Health's total 2019 payroll expenses were approximately $20.16M in order to qualify for the PPP loan amount received.

Based on their reported 442 jobs retained, this equals an estimated average yearly compensation of $45,611 per employee1.

Because the loan received by Camarena Health 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 - Camarena Health in Madera, CA

Camarena Health
730 N I Street Suite 202
Madera, CA 93637

Business Industry

Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-16

Similar Companies near Madera

In the Madera area, 19 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 442) and received an average PPP loan of $293,407 (compared to this company's $4.2M).

Industry PPP Comparison Statistics

Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.

PPP recipients in this industry report an average of 10 employees, 98% lower than Camarena Health's reported 442 employees, and received an average PPP loan of $138,136, 97% lower than this company's loan of $4.2M.

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.

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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/camarena-health-madera-ca