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PPP Loan Data — Child And Family Guidance Center, Northridge, CA

SBA PPP loan data, payroll data, and salaries for Child And Family Guidance Center
CA Nonprofit Organization

Child And Family Guidance Center

Entity: Non-profit Organization

Industry: Other Individual and Family Services

Location: Northridge, CA

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Child And Family Guidance Center is a non-profit organization located at 9650 Zelzah Ave in Northridge, California that received a Coronavirus-related PPP loan from the SBA of $5,256,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.26M

Jobs Retained:

464

Loan Approved:

2020-04-09

Lender:

EAST WEST BANK

Child And Family Guidance Center in Northridge, CA received a Paycheck Protection Loan of $5.26M through EAST WEST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Child And Family Guidance Center's total 2019 payroll expenses were approximately $25.23M in order to qualify for the PPP loan amount received.

Based on their reported 464 jobs retained, this equals an estimated average yearly compensation of $54,377 per employee1.

Because the loan received by Child And Family Guidance Center 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 - Child And Family Guidance Center in Northridge, CA

Child And Family Guidance Center
9650 Zelzah Ave
Northridge, CA 91325

Business Industry

Other Individual and Family Services (NAICS code 624190)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-30

Similar Companies near Northridge

In the Northridge area, 5 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 101 employees (compared to this company's 464) and received an average PPP loan of $1,085,833 (compared to this company's $5.26M).

Industry PPP Comparison Statistics

Nationwide, 15,794 businesses in the "Other Individual and Family Services" industry received a total of $2,302,146,944.00 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 17 employees, 96% lower than Child And Family Guidance Center's reported 464 employees, and received an average PPP loan of $145,761, 97% lower than this company's loan of $5.26M.

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.

Search FederalPay's Full PPP Loan Database

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/child-and-family-guidance-center-northridge-ca