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PPP Loan Data — Cydcor, LLC, Agoura Hills, CA

SBA PPP loan data, payroll data, and salaries for Cydcor, LLC
CA

Cydcor, LLC

Entity: Limited Liability Company (LLC)

Industry: Other Direct Selling Establishments

Location: Agoura Hills, CA

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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

Loan Size:

$3.96M

Jobs Retained:

209

Loan Approved:

2020-04-09

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.

Because the loan received by Cydcor, 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 - Cydcor, LLC in Agoura Hills, CA

Cydcor, LLC
29899 Agoura Rd
Agoura Hills, CA 91301

Business Industry

Other Direct Selling Establishments (NAICS code 454390)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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.

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/cydcor-llc-agoura-hills-ca