PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — DR. J. Industries Inc, Culver City, CA

ALERT: There are 2 PPP loans for a total of $169,405 in our database for businesses with the name "DR. J. Industries Inc" in Culver City, CA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for DR. J. Industries Inc

FRANCHISE

CA

DR. J. Industries Inc

Entity: Subchapter S Corporation

Industry: Janitorial Services

Franchise: Molly Maid

Location: Culver City, CA

Search All PPP Data

DR. J. Industries Inc is a subchapter s corporation located at 9469 Jefferson Blvd Ste 118 in Culver City, California that received a Coronavirus-related PPP loan from the SBA of $84,405.00 in February, 2021. This business is a Molly Maid franchise.

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

$ PPP Loan Information
Loan #4641898509

Loan Size:

$84,405

Jobs Retained:

11

Loan Approved:

2021-02-26

Loan Status:

Ongoing Loan

Lender:

Partners Bank of California

DR. J. Industries Inc in Culver City, CA received a Paycheck Protection Loan of $84,405 through Partners Bank of California, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA. The loan's status was last updated by the SBA in November, -0001.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, DR. J. Industries Inc's 2019 payroll expenses are estimated to be at least $405,144.

Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $36,831 per employee1

Reported PPP Proceed Usage:

On the PPP application, DR. J. Industries Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $84,402

Business Information - DR. J. Industries Inc in Culver City, CA

DR. J. Industries Inc
9469 Jefferson Blvd Ste 118
Culver City, CA 90232

Business Industry:
Janitorial Services
NAICS code 561720

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-37

Similar Companies near Culver City

In the Culver City area, 2 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 11) and received an average PPP loan of $42,919 (compared to this company's $84,405).

Similar Nearby Businesses Who Received PPP Funding:

Mary Ankamah
Culver City, CA

$1,432 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 138,723 businesses in the "Janitorial Services" industry received a total of $4.3B 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, 55% lower than DR. J. Industries Inc's reported 11 employees, and received an average PPP loan of $30,971, 63% lower than this company's loan of $84,405.

SBA PPP loan data, payroll data, and salaries for DR. J. Industries, Inc

FRANCHISE

CA

DR. J. Industries, Inc

Entity: Subchapter S Corporation

Industry: All Other Personal Services

Franchise: Molly Maid

Location: Culver City, CA

Search All PPP Data

DR. J. Industries, Inc is a subchapter s corporation located at 9469 Jefferson Boulevard in Culver City, California that received a Coronavirus-related PPP loan from the SBA of $85,000.00 in June, 2020. This business is a Molly Maid franchise.

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

$ PPP Loan Information
Loan #6755917808

Loan Size:

$85,000

Jobs Retained:

14

Loan Approved:

2020-06-02

Loan Status:

Paid in Full or Forgiven

Lender:

Celtic Bank Corporation

DR. J. Industries, Inc in Culver City, CA received a Paycheck Protection Loan of $85,000 through Celtic Bank Corporation, which was approved in June, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in August, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, DR. J. Industries, Inc's 2019 payroll expenses are estimated to be at least $408,000.

Based on their reported 14 jobs retained, this equals an estimated average yearly compensation of $29,143 per employee1

Reported PPP Proceed Usage:

On the PPP application, DR. J. Industries, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $63,750
  • Utilities: $10,625
  • Rent: $10,625

Business Information - DR. J. Industries, Inc in Culver City, CA

DR. J. Industries, Inc
9469 Jefferson Boulevard
Culver City, CA 90232

Business Industry:
All Other Personal Services
NAICS code 812990

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-37

Similar Companies near Culver City

In the Culver City area, 32 businesses in the "All Other Personal Services" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 14) and received an average PPP loan of $45,965 (compared to this company's $85,000).

Industry PPP Comparison Statistics

Nationwide, 231,198 businesses in the "All Other Personal Services" industry received a total of $5.51B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 3 employees, 79% lower than DR. J. Industries, Inc's reported 14 employees, and received an average PPP loan of $23,842, 72% lower than this company's loan of $85,000.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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/dr-j-industries-inc-culver-city-ca