PPP Loan Data — Dick James & Associates, Inc, Sacramento, CA
Dick James & Associates, Inc is a subchapter s corporation located at 2260 Park Towne Cir Suite 204 in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $2,459,473.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:American River Bank
Dick James & Associates, Inc in Sacramento, CA received a Paycheck Protection Loan of $2.46M through American River Bank, which was approved in April, 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, Dick James & Associates, Inc's 2019 payroll expenses are estimated to be at least $11.81M.
Based on their reported 252 jobs retained, this equals an estimated average yearly compensation of $46,847 per employee1
Reported PPP Proceed Usage:
On the PPP application, Dick James & Associates, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,459,473
Business Information - Dick James & Associates, Inc in Sacramento, CA
2260 Park Towne Cir Suite 204
Sacramento, CA 95825
Lessors of Residential Buildings and Dwellings
NAICS code 531110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Sacramento
In the Sacramento area, 8 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 252) and received an average PPP loan of $326,224 (compared to this company's $2.46M).
Similar Nearby Businesses Who Received PPP Funding:
Holt & Company, Inc
Steven W Cassinelli
Hank Fisher Properties
Sound Teaching LLC
2400 Sierra Boulevard A Kf LP
Hackensack Property Management
Industry PPP Comparison Statistics
Nationwide, 28,867 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $2.03B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 97% lower than Dick James & Associates, Inc's reported 252 employees, and received an average PPP loan of $70,456, 97% lower than this company's loan of $2.46M.
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Footnotes & Information
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