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PPP Loan Data — Joseph Cali Systems Design, Inc.,
Santa Monica, CA
Joseph Cali Systems Design, Inc.
Entity: Corporation
Industry: Motion Picture and Video Production
Location: Santa Monica, CA
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Joseph Cali Systems Design, Inc. is a corporation located at 1744 Berkeley St in Santa Monica, California that received a Coronavirus-related PPP loan from the SBA of $110,655.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
16Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONJoseph Cali Systems Design, Inc. received a Paycheck Protection Loan of $110,655 through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Joseph Cali Systems Design, Inc.'s total 2019 payroll expenses were approximately $531,144 in order to qualify for the PPP loan amount received.
Based on their reported 16 jobs retained, this equals an estimated average yearly compensation of $33,197 per employee1.
Business Information - Joseph Cali Systems Design, Inc. in Santa Monica, CA
1744 Berkeley St
Santa Monica, CA 90404
Business Industry
Motion Picture and Video Production (NAICS code 512110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-33Similar Companies near Santa Monica
In the Santa Monica area, 140 businesses in the "Motion Picture and Video Production" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 16) and received an average PPP loan of $118,579 (compared to this company's $110,655).
Similar Nearby Businesses Who Received PPP Funding:
O-Face Productions Inc
Santa Monica, CA
Gordon S. Gibson, Inc.
Santa Monica, CA
Crescenta Creations Inc
Santa Monica, CA
Fire Craig
Santa Monica, CA
The Menchell Company
Santa Monica, CA
Snelgrove Design Group Inc
Santa Monica, CA
Ocean Park Media
Santa Monica, CA
Tooley Productions 4, LLC
Santa Monica, CA
Hard Luck Productions, Inc
Santa Monica, CA
Industry PPP Comparison Statistics
Nationwide, 12,751 businesses in the "Motion Picture and Video Production" industry received a total of $753,529,815.00 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 5 employees, 69% lower than Joseph Cali Systems Design, Inc.'s reported 16 employees, and received an average PPP loan of $59,096, 47% lower than this company's loan of $110,655.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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