PPP Loan Data — Camarena Health, Madera, CA
Entity: Non-profit Organization
Location: Madera, CATweet This • Search All PPP Data
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
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.
Business Information - Camarena Health in Madera, CA
730 N I Street Suite 202
Madera, CA 93637
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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).
Similar Nearby Businesses Who Received PPP Funding:
Satwant Samrao MD
Sheikh Gustaveson & Nassar Inc
Advanced Internal Medicine Associates, Inc.
Shobha Sekhon MD
Yasmeen Khalid MD Inc
Amer Ali, MD
Ranjit Singh Rajpal MD Cardiovascular Consultants Inc
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.
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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