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PPP Loan Data — Common Sense Media,
San Francisco, CA
Common Sense Media
Entity: Non-profit Organization
Industry: Other Social Advocacy Organizations
Location: San Francisco, CA
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Common Sense Media is a non-profit organization located at 699 in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $1,999,999.00 in January, 2021.
$
PPP Loan Information
Loan #4675308309
Loan Size:
Jobs Retained:
165Loan Approved:
2021-01-23Loan Status:
Ongoing LoanLender:
Itria Ventures LLCCommon Sense Media in San Francisco, CA received a Paycheck Protection Loan of $2M through Itria Ventures LLC, which was approved in January, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Common Sense Media's 2019 payroll expenses are estimated to be at least $9.6M.
Based on their reported 165 jobs retained, this equals an estimated average yearly compensation of $58,182 per employee1
Reported PPP Proceed Usage:
On the PPP application, Common Sense Media reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,999,998
- Utilities: $1
Business Information - Common Sense Media in San Francisco, CA
699
San Francisco, CA 94103
Business Industry:
Other Social Advocacy Organizations
NAICS code 813319
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: N
Rural / Urban: Urban
Similar Companies near San Francisco
In the San Francisco area, 67 businesses in the "Other Social Advocacy Organizations" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 165) and received an average PPP loan of $579,375 (compared to this company's $2M).
Similar Nearby Businesses Who Received PPP Funding:
Dress For Success San Francisco
San Francisco, CA
Support For Families Of Children With Disabilities
San Francisco, CA
San Francisco Information Clearinghouse
San Francisco, CA
The Society For Asian Art
San Francisco, CA
Marines' Memorial Association
San Francisco, CA
Brilliant Corners
San Francisco, CA
Brightline Defense Project
San Francisco, CA
Board Of Trustees Of The Glide Foundation
San Francisco, CA
Foundation For Filipina Women's Network
San Francisco, CA
Industry PPP Comparison Statistics
Nationwide, 8,893 businesses in the "Other Social Advocacy Organizations" industry received a total of $1.37B 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 17 employees, 90% lower than Common Sense Media's reported 165 employees, and received an average PPP loan of $154,485, 92% lower than this company's loan of $2M.
Common Sense Media
Entity: Non-profit Organization
Industry: Other Social Advocacy Organizations
Location: San Francisco, CA
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Common Sense Media is a non-profit organization located at 650 Townsend St in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $2,964,900.00 in April, 2020.
$
PPP Loan Information
Loan #1151247107
Loan Size:
Jobs Retained:
165Loan Approved:
2020-04-10Loan Status:
Ongoing LoanLender:
CRF Small Business Loan Company, LLCCommon Sense Media in San Francisco, CA received a Paycheck Protection Loan of $2.96M through CRF Small Business Loan Company, LLC, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Common Sense Media's 2019 payroll expenses are estimated to be at least $14.23M.
Based on their reported 165 jobs retained, this equals an estimated average yearly compensation of $86,252 per employee1
Reported PPP Proceed Usage:
On the PPP application, Common Sense Media reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,964,900
Business Information - Common Sense Media in San Francisco, CA
650 Townsend St
San Francisco, CA 94103
Business Industry:
Other Social Advocacy Organizations
NAICS code 813319
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near San Francisco
In the San Francisco area, 67 businesses in the "Other Social Advocacy Organizations" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 165) and received an average PPP loan of $579,375 (compared to this company's $2.96M).
Similar Nearby Businesses Who Received PPP Funding:
Dress For Success San Francisco
San Francisco, CA
Support For Families Of Children With Disabilities
San Francisco, CA
San Francisco Information Clearinghouse
San Francisco, CA
The Society For Asian Art
San Francisco, CA
Marines' Memorial Association
San Francisco, CA
Brilliant Corners
San Francisco, CA
Brightline Defense Project
San Francisco, CA
Board Of Trustees Of The Glide Foundation
San Francisco, CA
Foundation For Filipina Women's Network
San Francisco, CA
Industry PPP Comparison Statistics
Nationwide, 8,893 businesses in the "Other Social Advocacy Organizations" industry received a total of $1.37B 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 17 employees, 90% lower than Common Sense Media's reported 165 employees, and received an average PPP loan of $154,485, 95% lower than this company's loan of $2.96M.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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