PPP Loan Data — Cellmark Inc., Novato, CA
Cellmark Inc. is a corporation located at 88 Rowland Way in Novato, California that received a Coronavirus-related PPP loan from the SBA of $4,338,930.00 in April, 2020.
$ PPP Loan Information
Lender:SILICON VALLEY BANK
Cellmark Inc. in Novato, CA received a Paycheck Protection Loan of $4.34M through SILICON VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Cellmark Inc.'s total 2019 payroll expenses were approximately $20.83M in order to qualify for the PPP loan amount received.
Based on their reported 232 jobs retained, this equals an estimated average yearly compensation of $89,771 per employee1.
Business Information - Cellmark Inc. in Novato, CA
88 Rowland Way
Novato, CA 94945
Miscellaneous Financial Investment Activities (NAICS code 523999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-02
Similar Companies near Novato
In the Novato area, 4 businesses in the "Miscellaneous Financial Investment Activities" industry received a PPP loan. These local businesses reported an average of 59 employees (compared to this company's 232) and received an average PPP loan of $1,106,399 (compared to this company's $4.34M).
Similar Nearby Businesses Who Received PPP Funding:
Behzad Zandinejad DBA Behzad Zandinejad
Dryden Capital Inc.
John Reuscher Financial Planning
Industry PPP Comparison Statistics
Nationwide, 6,430 businesses in the "Miscellaneous Financial Investment Activities" industry received a total of $418,863,551.00 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 5 employees, 98% lower than Cellmark Inc.'s reported 232 employees, and received an average PPP loan of $65,142, 98% lower than this company's loan of $4.34M.
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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