PPP Loan Data — Cydcor, LLC, Agoura Hills, CA
Cydcor, LLC is a limited liability company (LLC) located at 29899 Agoura Rd in Agoura Hills, California that received a Coronavirus-related PPP loan from the SBA of $3,962,500.00 in April, 2020.
$ PPP Loan Information
Lender:TOUCHMARK NATIONAL BANK
Cydcor, LLC in Agoura Hills, CA received a Paycheck Protection Loan of $3.96M through TOUCHMARK NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Cydcor, LLC's total 2019 payroll expenses were approximately $19.02M in order to qualify for the PPP loan amount received.
Based on their reported 209 jobs retained, this equals an estimated average yearly compensation of $91,005 per employee1.
Business Information - Cydcor, LLC in Agoura Hills, CA
29899 Agoura Rd
Agoura Hills, CA 91301
Other Direct Selling Establishments (NAICS code 454390)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-33
Similar Companies near Agoura Hills
In the Agoura Hills area, 5 businesses in the "Other Direct Selling Establishments" industry received a PPP loan. These local businesses reported an average of 43 employees (compared to this company's 209) and received an average PPP loan of $811,479 (compared to this company's $3.96M).
Similar Nearby Businesses Who Received PPP Funding:
Agoura Hills, CA
Direct Marketing Experts, Inc.
Electric Solidus, LLC
Synergy Group Inc
Industry PPP Comparison Statistics
Nationwide, 11,977 businesses in the "Other Direct Selling Establishments" industry received a total of $632,841,121.00 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 Cydcor, LLC's reported 209 employees, and received an average PPP loan of $52,838, 99% lower than this company's loan of $3.96M.
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, 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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