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PPP Loan Data — Jewish Family Service Of Los Angeles,
Los Angeles, CA
Jewish Family Service Of Los Angeles
Entity: Non-profit Organization
Industry: Professional Organizations
Location: Los Angeles, CA
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Jewish Family Service Of Los Angeles is a non-profit organization located at 3580 Wilshire Blvd Suite #700 in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $2,865,400.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
269Loan Approved:
2020-04-05Lender:
EAST WEST BANKJewish Family Service Of Los Angeles received a Paycheck Protection Loan of $2.87M through EAST WEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jewish Family Service Of Los Angeles' total 2019 payroll expenses were approximately $13.75M in order to qualify for the PPP loan amount received.
Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $51,130 per employee1.
Business Information - Jewish Family Service Of Los Angeles in Los Angeles, CA
3580 Wilshire Blvd Suite #700
Los Angeles, CA 90010
Business Industry
Professional Organizations (NAICS code 813920)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-34Similar Companies near Los Angeles
In the Los Angeles area, 4 businesses in the "Professional Organizations" industry received a PPP loan. These local businesses reported an average of 70 employees (compared to this company's 269) and received an average PPP loan of $736,850 (compared to this company's $2.87M).
Similar Nearby Businesses Who Received PPP Funding:
B&K Accountancy Corp
Los Angeles, CA
LAY Mission-Helpers Association
Los Angeles, CA
Mission Doctors Association
Los Angeles, CA
Industry PPP Comparison Statistics
Nationwide, 5,854 businesses in the "Professional Organizations" industry received a total of $547,492,722.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 97% lower than Jewish Family Service Of Los Angeles' reported 269 employees, and received an average PPP loan of $93,525, 97% lower than this company's loan of $2.87M.
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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