PPP Loan Data — Kiddie Kare Schools Inc, Fresno, CA
Kiddie Kare Schools Inc is a corporation located at 4697 N. Bendel Ave in Fresno, California that received a Coronavirus-related PPP loan from the SBA of $1,800,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 325 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Central Valley Community Bank
Kiddie Kare Schools Inc in Fresno, CA received a Paycheck Protection Loan of $1.8M through Central Valley Community Bank, which was approved in April, 2020.
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, Kiddie Kare Schools Inc's 2019 payroll expenses are estimated to be at least $8.64M.
Based on their reported 325 jobs retained, this equals an estimated average yearly compensation of $26,585 per employee1
Reported PPP Proceed Usage:
On the PPP application, Kiddie Kare Schools Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,800,000
Business Information - Kiddie Kare Schools Inc in Fresno, CA
4697 N. Bendel Ave
Fresno, CA 93722
All Other Personal Services
NAICS code 812990
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Fresno
In the Fresno area, 63 businesses in the "All Other Personal Services" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 325) and received an average PPP loan of $63,638 (compared to this company's $1.8M).
Similar Nearby Businesses Who Received PPP Funding:
Modern Maids Cleaning Inc
Sarah A Muniz
The Dollhouse Of Hair
Industry PPP Comparison Statistics
Nationwide, 237,729 businesses in the "All Other Personal Services" industry received a total of $5.63B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, 99% lower than Kiddie Kare Schools Inc's reported 325 employees, and received an average PPP loan of $23,676, 99% lower than this company's loan of $1.8M.
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Footnotes & Information
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