PPP Loan Data — Jobot, LLC, San Juan Capistrano, CA
Jobot, LLC is a limited liability company (LLC) located at 31540 Peppertree Bend in San Juan Capistrano, California that received a Coronavirus-related PPP loan from the SBA of $2,430,535.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Harvest Small Business Finance, LLC
Jobot, LLC in San Juan Capistrano, CA received a Paycheck Protection Loan of $2.43M through Harvest Small Business Finance, LLC, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Jobot, LLC's 2019 payroll expenses are estimated to be at least $11.67M.
Based on their reported 145 jobs retained, this equals an estimated average yearly compensation of $80,459 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jobot, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,430,535
Business Information - Jobot, LLC in San Juan Capistrano, CA
31540 Peppertree Bend
San Juan Capistrano, CA 92675
Employment Placement Agencies
NAICS code 561311
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near San Juan Capistrano
In the San Juan Capistrano area, 3 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 50 employees (compared to this company's 145) and received an average PPP loan of $825,512 (compared to this company's $2.43M).
Similar Nearby Businesses Who Received PPP Funding:
Agility Personnel LLC
San Juan Capistrano, CA
San Juan Capistrano, CA
Industry PPP Comparison Statistics
Nationwide, 12,601 businesses in the "Employment Placement Agencies" industry received a total of $3.48B 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 35 employees, 76% lower than Jobot, LLC's reported 145 employees, and received an average PPP loan of $275,915, 89% lower than this company's loan of $2.43M.
FederalPay's PPP Information Policy
Footnotes & Information
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