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PPP Loan Data — Dongalen Enterprises Inc., Sacramento, CA

SBA PPP loan data, payroll data, and salaries for Dongalen Enterprises Inc.
CA

Dongalen Enterprises Inc.

Entity: Corporation

Industry: Other Miscellaneous Durable Goods Merchant Wholesalers

Location: Sacramento, CA

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Dongalen Enterprises Inc. is a corporation located at 330 Commerce Cir in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $2,441,931.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 155 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.44M

Jobs Retained:

155

Loan Approved:

2020-04-10

Lender:

CALIFORNIA BANK OF COMMERCE

Dongalen Enterprises Inc. received a Paycheck Protection Loan of $2.44M through CALIFORNIA BANK OF COMMERCE, which was approved in April, 2020.

Based on standard PPP eligibility rules, Dongalen Enterprises Inc.'s total 2019 payroll expenses were approximately $11.72M in order to qualify for the PPP loan amount received.

Based on their reported 155 jobs retained, this equals an estimated average yearly compensation of $75,621 per employee1.

Because the loan received by Dongalen Enterprises Inc. 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 - Dongalen Enterprises Inc. in Sacramento, CA

Dongalen Enterprises Inc.
330 Commerce Cir
Sacramento, CA 95815

Business Industry

Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS code 423990)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: CA-06

Similar Companies near Sacramento

In the Sacramento area, 2 businesses in the "Other Miscellaneous Durable Goods Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 78 employees (compared to this company's 155) and received an average PPP loan of $1,235,431 (compared to this company's $2.44M).

Similar Nearby Businesses Who Received PPP Funding:

Deep Luggage Inc
Sacramento, CA

$28,931 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 12,909 businesses in the "Other Miscellaneous Durable Goods Merchant Wholesalers" industry received a total of $1,253,322,545.00 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 8 employees, 95% lower than Dongalen Enterprises Inc.'s reported 155 employees, and received an average PPP loan of $97,089, 96% lower than this company's loan of $2.44M.

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.

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/dongalen-enterprises-inc-sacramento-ca