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PPP Loan Data — Community Collaborative Virtual School DBA Excel Academy Or,
San Marcos, CA
Community Collaborative Virtual School DBA Excel Academy Or
Entity: Corporation
Industry: Unknown
Location: San Marcos, CA
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Community Collaborative Virtual School DBA Excel Academy Or is a corporation located at 100 E San Marcos Blvd Ste 350 in San Marcos, California that received a Coronavirus-related PPP loan from the SBA of $3,627,310.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
232Loan Approved:
2020-05-01Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONCommunity Collaborative Virtual School DBA Excel Academy Or received a Paycheck Protection Loan of $3.63M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Community Collaborative Virtual School DBA Excel Academy Or's total 2019 payroll expenses were approximately $17.41M 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 $75,048 per employee1.
Business Information - Community Collaborative Virtual School DBA Excel Academy Or in San Marcos, CA
100 E San Marcos Blvd Ste 350
San Marcos, CA 92069
Business Industry
Unknown (NAICS code 0)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-50Similar Companies near San Marcos
In the San Marcos area, 648 businesses in the "Unknown" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 232) and received an average PPP loan of $137,294 (compared to this company's $3.63M).
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Industry PPP Comparison Statistics
Nationwide, 5,156,850 businesses in the "Unknown" industry received a total of $522,949,858,572.00 in PPP loans. These businesses account for 100% of total PPP applications submitted, and received 100% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 96% lower than Community Collaborative Virtual School DBA Excel Academy Or's reported 232 employees, and received an average PPP loan of $101,409, 97% lower than this company's loan of $3.63M.
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.
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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