PPP Loan Data — Casino Pauma, Pauma Valley, CA
Casino Pauma is a corporation located at 777 Pauma Reservation Road in Pauma Valley, California that received a Coronavirus-related PPP loan from the SBA of $3,783,215.00 in April, 2020.
The company has reported itself as an American indian or alaska native owned business, and employed at least 360 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Casino Pauma in Pauma Valley, CA received a Paycheck Protection Loan of $3.78M through Pinnacle Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Casino Pauma's 2019 payroll expenses are estimated to be at least $18.16M.
Based on their reported 360 jobs retained, this equals an estimated average yearly compensation of $50,443 per employee1
Reported PPP Proceed Usage:
On the PPP application, Casino Pauma reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,837,411
- Utilities: $945,804
Business Information - Casino Pauma in Pauma Valley, CA
777 Pauma Reservation Road
Pauma Valley, CA 92061
Casinos (except Casino Hotels)
NAICS code 713210
Business Owner Demographics
Race: American Indian or Alaska Native
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Pauma Valley
In the Pauma Valley area, 2 businesses in the "Casinos (except Casino Hotels)" industry received a PPP loan. These local businesses reported an average of 184 employees (compared to this company's 360) and received an average PPP loan of $1,908,608 (compared to this company's $3.78M).
Similar Nearby Businesses Who Received PPP Funding:
La Jolla Trading Post Casino
Pauma Valley, CA
Industry PPP Comparison Statistics
Nationwide, 785 businesses in the "Casinos (except Casino Hotels)" industry received a total of $329.94M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 55 employees, 85% lower than Casino Pauma's reported 360 employees, and received an average PPP loan of $420,309, 89% lower than this company's loan of $3.78M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!