PPP Loan Data — Dasilva Family Inc, Sunnyvale, CA
Dasilva Family Inc
Entity: Subchapter S Corporation
Location: Sunnyvale, CATweet This • Search All PPP Data
Dasilva Family Inc is a subchapter s corporation located at 999 Carson Drive in Sunnyvale, California that received a Coronavirus-related PPP loan from the SBA of $25,082.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
Dasilva Family Inc in Sunnyvale, CA received a Paycheck Protection Loan of $25,082 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based 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, Dasilva Family Inc's 2019 payroll expenses are estimated to be at least $120,394.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,066 per employee1
Reported PPP Proceed Usage:
On the PPP application, Dasilva Family Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,066
- Utilities: $144
- Rent: $4,872
Business Information - Dasilva Family Inc in Sunnyvale, CA
999 Carson Drive
Sunnyvale, CA 94086
All Other Professional, Scientific, and Technical Services
NAICS code 541990
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sunnyvale
In the Sunnyvale area, 47 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 6) and received an average PPP loan of $57,610 (compared to this company's $25,082).
Similar Nearby Businesses Who Received PPP Funding:
Bekom Design Inc
Bayport Networks, Inc
Dxcorr Design Inc
Rite Plm Solutions LLC
Leyla Hanson, CPA, An Accountancy Corporation
Industry PPP Comparison Statistics
Nationwide, 129,763 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.41B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 17% lower than Dasilva Family Inc's reported 6 employees, and received an average PPP loan of $57,091, 128% higher than this company's loan of $25,082.
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