PPP Loan Data — Guida Surveying Inc, Irvine, CA
Guida Surveying Inc
Location: Irvine, CATweet This • Search All PPP Data
Guida Surveying Inc is a corporation located at 9241 Irvine Blvd Suite 100 in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $1,773,087.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:City National Bank
Guida Surveying Inc in Irvine, CA received a Paycheck Protection Loan of $1.77M through City National Bank, which was approved in April, 2020.
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, Guida Surveying Inc's 2019 payroll expenses are estimated to be at least $8.51M.
Based on their reported 87 jobs retained, this equals an estimated average yearly compensation of $97,825 per employee1
Reported PPP Proceed Usage:
On the PPP application, Guida Surveying Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,334,087
- Utilities: $15,000
- Mortgage Interest: $6,000
- Rent: $98,000
- Health Care: $320,000
Business Information - Guida Surveying Inc in Irvine, CA
9241 Irvine Blvd Suite 100
Irvine, CA 92618
Surveying and Mapping (except Geophysical) Services
NAICS code 541370
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Irvine
In the Irvine area, 2 businesses in the "Surveying and Mapping (except Geophysical) Services" industry received a PPP loan. These local businesses reported an average of 51 employees (compared to this company's 87) and received an average PPP loan of $1,027,694 (compared to this company's $1.77M).
Similar Nearby Businesses Who Received PPP Funding:
Inovx Solutions, Inc
Industry PPP Comparison Statistics
Nationwide, 5,535 businesses in the "Surveying and Mapping (except Geophysical) Services" industry received a total of $521.74M 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 8 employees, 91% lower than Guida Surveying Inc's reported 87 employees, and received an average PPP loan of $94,261, 95% lower than this company's loan of $1.77M.
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Footnotes & Information
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