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PPP Loan Data — Exceptional Children's Foundation,
Culver City, CA
Exceptional Children's Foundation
Entity: Non-profit Organization
Industry: Services for the Elderly and Persons with Disabilities
Location: Culver City, CA
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Exceptional Children's Foundation is a non-profit organization located at 5350 Machado Ln in Culver City, California that received a Coronavirus-related PPP loan from the SBA of $3,858,750.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
350Loan Approved:
2020-04-28Lender:
PACIFIC WESTERN BANKExceptional Children's Foundation in Culver City, CA received a Paycheck Protection Loan of $3.86M through PACIFIC WESTERN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Exceptional Children's Foundation's total 2019 payroll expenses were approximately $18.52M in order to qualify for the PPP loan amount received.
Based on their reported 350 jobs retained, this equals an estimated average yearly compensation of $52,920 per employee1.
Business Information - Exceptional Children's Foundation in Culver City, CA
5350 Machado Ln
Culver City, CA 90230
Business Industry
Services for the Elderly and Persons with Disabilities (NAICS code 624120)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-37Similar Companies near Culver City
In the Culver City area, 5 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 82 employees (compared to this company's 350) and received an average PPP loan of $863,526 (compared to this company's $3.86M).
Similar Nearby Businesses Who Received PPP Funding:
L.A. Goal
Culver City, CA
Best In Care Partners, Inc.
Culver City, CA
Best Care Connections
Culver City, CA
Endless Options LLC
Culver City, CA
Industry PPP Comparison Statistics
Nationwide, 7,046 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $1,535,554,395.00 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 32 employees, 91% lower than Exceptional Children's Foundation's reported 350 employees, and received an average PPP loan of $217,933, 94% lower than this company's loan of $3.86M.
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, and is published unmodified, as provided by the SBA.
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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