PPP Loan Data — Juan D Angulo, DDS Inc, Murrieta, CA
Juan D Angulo, DDS Inc is a subchapter s corporation located at 41680 Ivy St in Murrieta, California that received a Coronavirus-related PPP loan from the SBA of $45,865.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:U.S. Bank, National Association
Juan D Angulo, DDS Inc in Murrieta, CA received a Paycheck Protection Loan of $45,865 through U.S. Bank, National Association, 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, Juan D Angulo, DDS Inc's 2019 payroll expenses are estimated to be at least $220,152.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $31,450 per employee1
Reported PPP Proceed Usage:
On the PPP application, Juan D Angulo, DDS Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,865
Business Information - Juan D Angulo, DDS Inc in Murrieta, CA
41680 Ivy St
Murrieta, CA 92562
Offices of Dentists
NAICS code 621210
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Murrieta
In the Murrieta area, 89 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 7) and received an average PPP loan of $58,566 (compared to this company's $45,865).
Similar Nearby Businesses Who Received PPP Funding:
Watanabe And Espeleta Professional Dental Corporation
Jeff M Prais DDS Inc
Harprabh D Singh DMD Dental Corporation
Dr Dhanesh Pore DDS Inc
Michael A Wasemiller DDS. Dental Corp
G. Olague, DDS & R. Deza, DDS, APC
Kim And Watanabe Dental Corporation
Watanabe Dental Corporation
James P. Low DMD, Murrieta PC
Industry PPP Comparison Statistics
Nationwide, 173,521 businesses in the "Offices of Dentists" industry received a total of $14B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 14% higher than Juan D Angulo, DDS Inc's reported 7 employees, and received an average PPP loan of $80,703, 76% higher than this company's loan of $45,865.
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Footnotes & Information
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