PPP Loan Data — Electronic Frontier Foundation, Inc, San Francisco, CA
Electronic Frontier Foundation, Inc is a non-profit organization located at 815 Eddy Street in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $1,692,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Live Oak Banking Company
Electronic Frontier Foundation, Inc in San Francisco, CA received a Paycheck Protection Loan of $1.69M through Live Oak Banking Company, which was approved in April, 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 March, 2021.
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, Electronic Frontier Foundation, Inc's 2019 payroll expenses are estimated to be at least $8.12M.
Based on their reported 91 jobs retained, this equals an estimated average yearly compensation of $89,248 per employee1
Reported PPP Proceed Usage:
On the PPP application, Electronic Frontier Foundation, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,692,000
Business Information - Electronic Frontier Foundation, Inc in San Francisco, CA
815 Eddy Street
San Francisco, CA 94109
Human Rights Organizations
NAICS code 813311
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near San Francisco
In the San Francisco area, 3 businesses in the "Human Rights Organizations" industry received a PPP loan. These local businesses reported an average of 43 employees (compared to this company's 91) and received an average PPP loan of $625,989 (compared to this company's $1.69M).
Similar Nearby Businesses Who Received PPP Funding:
North Of Market/Tenderloin Community Benefit Corporation
San Francisco, CA
Global Pediatric Alliance
San Francisco, CA
Industry PPP Comparison Statistics
Nationwide, 1,150 businesses in the "Human Rights Organizations" industry received a total of $202.07M 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 18 employees, 80% lower than Electronic Frontier Foundation, Inc's reported 91 employees, and received an average PPP loan of $175,716, 90% lower than this company's loan of $1.69M.
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Footnotes & Information
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