PPP Loan Data — George Sano DBA Gsi George Sano Investigations, Tustin, CA
George Sano DBA Gsi George Sano Investigations
Entity: Sole Proprietorship
Location: Tustin, CATweet This • Search All PPP Data
George Sano DBA Gsi George Sano Investigations is a sole proprietorship located at 360 E. 1st St 773 in Tustin, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
George Sano DBA Gsi George Sano Investigations in Tustin, CA received a Paycheck Protection Loan of $25,000 through JPMorgan Chase Bank, National Association, which was approved in May, 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 May, 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, George Sano DBA Gsi George Sano Investigations' 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, George Sano DBA Gsi George Sano Investigations reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $19,000
- Utilities: $500
- Mortgage Interest: $5,500
Business Information - George Sano DBA Gsi George Sano Investigations in Tustin, CA
360 E. 1st St 773
Tustin, CA 92780
All Other Professional, Scientific, and Technical Services
NAICS code 541990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Tustin
In the Tustin area, 51 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 2) and received an average PPP loan of $188,868 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Worldstage Operations Inc
Bail Bond Professionals
Richard H Dodd & Associate
Longmark Advisors LLC
Industry PPP Comparison Statistics
Nationwide, 129,763 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.41B 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, 150% higher than George Sano DBA Gsi George Sano Investigations' reported 2 employees, and received an average PPP loan of $57,091, 128% higher than this company's loan of $25,000.
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Footnotes & Information
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