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PPP Loan Data — Gcorp Consulting,
Chula Vista, CA
Gcorp Consulting
Entity: Corporation
Industry: Administrative Management and General Management Consulting Services
Location: Chula Vista, CA
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Gcorp Consulting is a corporation located at 2937 Babbling Brook Rd in Chula Vista, California that received a Coronavirus-related PPP loan from the SBA of $2,544,621.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
150Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONGcorp Consulting in Chula Vista, CA received a Paycheck Protection Loan of $2.54M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Gcorp Consulting's total 2019 payroll expenses were approximately $12.21M in order to qualify for the PPP loan amount received.
Based on their reported 150 jobs retained, this equals an estimated average yearly compensation of $81,428 per employee1.
Business Information - Gcorp Consulting in Chula Vista, CA
2937 Babbling Brook Rd
Chula Vista, CA 91914
Business Industry
Administrative Management and General Management Consulting Services (NAICS code 541611)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-53Similar Companies near Chula Vista
In the Chula Vista area, 10 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 150) and received an average PPP loan of $296,225 (compared to this company's $2.54M).
Similar Nearby Businesses Who Received PPP Funding:
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Industry PPP Comparison Statistics
Nationwide, 42,814 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $3,692,368,152.00 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 6 employees, 96% lower than Gcorp Consulting's reported 150 employees, and received an average PPP loan of $86,242, 97% lower than this company's loan of $2.54M.
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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