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PPP Loan Data — Del Mar Pines School,
San Diego, CA
Del Mar Pines School
Entity: Corporation
Industry: Elementary and Secondary Schools
Location: San Diego, CA
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Del Mar Pines School is a corporation located at 3975 Torrington St in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $314,400.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 22 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
22Loan Approved:
2020-04-08Lender:
BANK OF SOUTHERN CALIFORNIA, NATIONAL ASSOCIATIONDel Mar Pines School received a Paycheck Protection Loan of $314,400 through BANK OF SOUTHERN CALIFORNIA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Del Mar Pines School's total 2019 payroll expenses were approximately $1.51M in order to qualify for the PPP loan amount received.
Based on their reported 22 jobs retained, this equals an estimated average yearly compensation of $68,596 per employee1.
Business Information - Del Mar Pines School in San Diego, CA
3975 Torrington St
San Diego, CA 92130
Business Industry
Elementary and Secondary Schools (NAICS code 611110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-52Similar Companies near San Diego
In the San Diego area, 9 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 22) and received an average PPP loan of $652,393 (compared to this company's $314,400).
Similar Nearby Businesses Who Received PPP Funding:
Bob Lipton Global Inc
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Hicham Platini G. Soaf
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Torrey Pines High School Foundation, Inc.
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San Diego Jewish Academy
San Diego, CA
Renaissance Village Academy, Inc.
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North County Center For Educational Development, Inc.
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Industry PPP Comparison Statistics
Nationwide, 15,362 businesses in the "Elementary and Secondary Schools" industry received a total of $5,824,752,723.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 38 employees, 73% higher than Del Mar Pines School's reported 22 employees, and received an average PPP loan of $379,166, 21% higher than this company's loan of $314,400.
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. 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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