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PPP Loan Data — Citizens Of Humanity, LLC, Huntington Park, CA

SBA PPP loan data, payroll data, and salaries for Citizens Of Humanity, LLC
CA

Citizens Of Humanity, LLC

Entity: Limited Liability Company (LLC)

Industry: Women’s, Girls’, and Infants’ Cut and Sew Apparel Manufacturing

Location: Huntington Park, CA

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Citizens Of Humanity, LLC is a limited liability company (LLC) located at 5715 Bickett St in Huntington Park, California that received a Coronavirus-related PPP loan from the SBA of $2,817,330.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.82M

Jobs Retained:

195

Loan Approved:

2020-04-14

Lender:

CITY NATIONAL BANK

Citizens Of Humanity, LLC received a Paycheck Protection Loan of $2.82M through CITY NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Citizens Of Humanity, LLC's total 2019 payroll expenses were approximately $13.52M in order to qualify for the PPP loan amount received.

Based on their reported 195 jobs retained, this equals an estimated average yearly compensation of $69,350 per employee1.

Because the loan received by Citizens Of Humanity, LLC 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 - Citizens Of Humanity, LLC in Huntington Park, CA

Citizens Of Humanity, LLC
5715 Bickett St
Huntington Park, CA 90255

Business Industry

Women’s, Girls’, and Infants’ Cut and Sew Apparel Manufacturing (NAICS code 315240)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-40

Similar Companies near Huntington Park

In the Huntington Park area, 4 businesses in the "Women’s, Girls’, and Infants’ Cut and Sew Apparel Manufacturing" industry received a PPP loan. These local businesses reported an average of 100 employees (compared to this company's 195) and received an average PPP loan of $1,152,170 (compared to this company's $2.82M).

Industry PPP Comparison Statistics

Nationwide, 1,051 businesses in the "Women’s, Girls’, and Infants’ Cut and Sew Apparel Manufacturing" industry received a total of $190,040,497.00 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 13 employees, 93% lower than Citizens Of Humanity, LLC's reported 195 employees, and received an average PPP loan of $180,819, 94% lower than this company's loan of $2.82M.

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.

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/citizens-of-humanity-llc-huntington-park-ca