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

PPP Loan Data — Fiscalini Cheese Company LP, Modesto, CA

ALERT: There are 2 PPP loans for a total of $336,905 in our database for businesses with the name "Fiscalini Cheese Company LP" in Modesto, 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 Fiscalini Cheese Company LP
CA

Fiscalini Cheese Company LP

Entity: Partnership

Industry: Cheese Manufacturing

Location: Modesto, CA

Search All PPP Data

Fiscalini Cheese Company LP is a partnership located at 7231 Covert Rd in Modesto, California that received a Coronavirus-related PPP loan from the SBA of $152,500.00 in January, 2021.

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

$ PPP Loan Information
Loan #3657968310

Loan Size:

$152,500

Jobs Retained:

13

Loan Approved:

2021-01-22

Loan Status:

Ongoing Loan

Lender:

Oak Valley Community Bank

Fiscalini Cheese Company LP in Modesto, CA received a Paycheck Protection Loan of $152,500 through Oak Valley Community Bank, which was approved in January, 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.

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, Fiscalini Cheese Company LP's 2019 payroll expenses are estimated to be at least $732,000.

Based on their reported 13 jobs retained, this equals an estimated average yearly compensation of $56,308 per employee1

Reported PPP Proceed Usage:

On the PPP application, Fiscalini Cheese Company LP reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $152,495
  • Utilities: $1

Business Information - Fiscalini Cheese Company LP in Modesto, CA

Fiscalini Cheese Company LP
7231 Covert Rd
Modesto, CA 95358

Business Industry:
Cheese Manufacturing
NAICS code 311513

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Stanislaus County, CA — SBA Office 0942 — Congressional District: CA-10

Similar Companies near Modesto

In the Modesto area, 5 businesses in the "Cheese Manufacturing" industry received a PPP loan. These local businesses reported an average of 57 employees (compared to this company's 13) and received an average PPP loan of $686,936 (compared to this company's $152,500).

Industry PPP Comparison Statistics

Nationwide, 444 businesses in the "Cheese Manufacturing" industry received a total of $167.06M 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 34 employees, 162% higher than Fiscalini Cheese Company LP's reported 13 employees, and received an average PPP loan of $376,260, 147% higher than this company's loan of $152,500.

SBA PPP loan data, payroll data, and salaries for Fiscalini Cheese Company, LP
CA

Fiscalini Cheese Company, LP

Entity: Partnership

Industry: Cheese Manufacturing

Location: Modesto, CA

Search All PPP Data

Fiscalini Cheese Company, LP is a partnership located at 7206 Kiernan Ave in Modesto, California that received a Coronavirus-related PPP loan from the SBA of $184,405.00 in April, 2020.

$ PPP Loan Information
Loan #6928877100

Loan Size:

$184,405

Jobs Retained:

11

Loan Approved:

2020-04-14

Loan Status:

Ongoing Loan

Lender:

Oak Valley Community Bank

Fiscalini Cheese Company, LP in Modesto, CA received a Paycheck Protection Loan of $184,405 through Oak Valley Community Bank, which was approved in April, 2020.

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.

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, Fiscalini Cheese Company, LP's 2019 payroll expenses are estimated to be at least $885,144.

Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $80,468 per employee1

Reported PPP Proceed Usage:

On the PPP application, Fiscalini Cheese Company, LP reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $184,405

Business Information - Fiscalini Cheese Company, LP in Modesto, CA

Fiscalini Cheese Company, LP
7206 Kiernan Ave
Modesto, CA 95358

Business Industry:
Cheese Manufacturing
NAICS code 311513

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Stanislaus County, CA — SBA Office 0942 — Congressional District: CA-10

Similar Companies near Modesto

In the Modesto area, 5 businesses in the "Cheese Manufacturing" industry received a PPP loan. These local businesses reported an average of 57 employees (compared to this company's 11) and received an average PPP loan of $686,936 (compared to this company's $184,405).

Industry PPP Comparison Statistics

Nationwide, 444 businesses in the "Cheese Manufacturing" industry received a total of $167.06M 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 34 employees, 209% higher than Fiscalini Cheese Company, LP's reported 11 employees, and received an average PPP loan of $376,260, 104% higher than this company's loan of $184,405.

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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Source: www.federalpay.org/paycheck-protection-program/fiscalini-cheese-company-lp-modesto-ca