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PPP Loan Data — Janus Corporation,
Walnut Creek, CA
Janus Corporation
Entity: Sole Proprietorship
Industry: All Other Miscellaneous Store Retailers (except Tobacco Stores)
Location: Walnut Creek, CA
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Janus Corporation is a sole proprietorship located at 3950 Arbolado Drive in Walnut Creek, California that received a Coronavirus-related PPP loan from the SBA of $4,650,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 225 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
225Loan Approved:
2020-04-14Lender:
READYCAP LENDING, LLCJanus Corporation received a Paycheck Protection Loan of $4.65M through READYCAP LENDING, LLC, which was approved in April, 2020.
Based on standard PPP eligibility rules, Janus Corporation's total 2019 payroll expenses were approximately $22.32M in order to qualify for the PPP loan amount received.
Based on their reported 225 jobs retained, this equals an estimated average yearly compensation of $99,200 per employee1.
Business Information - Janus Corporation in Walnut Creek, CA
3950 Arbolado Drive
Walnut Creek, CA 94598
Business Industry
All Other Miscellaneous Store Retailers (except Tobacco Stores) (NAICS code 453998)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-11Similar Companies near Walnut Creek
In the Walnut Creek area, 22 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 225) and received an average PPP loan of $273,875 (compared to this company's $4.65M).
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Industry PPP Comparison Statistics
Nationwide, 67,030 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $3,394,491,072.00 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, 97% lower than Janus Corporation's reported 225 employees, and received an average PPP loan of $50,641, 99% lower than this company's loan of $4.65M.
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.
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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