PPP Loan Data — Kidney Care A Medical Corporation, Los Angeles, CA
Kidney Care A Medical Corporation is a subchapter s corporation located at 8540 S Sepulveda Blvd Ste 1100 in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First-Citizens Bank & Trust Company
Kidney Care A Medical Corporation in Los Angeles, CA received a Paycheck Protection Loan of $25,000 through First-Citizens Bank & Trust Company, 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, Kidney Care A Medical Corporation's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Kidney Care A Medical Corporation reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Kidney Care A Medical Corporation in Los Angeles, CA
8540 S Sepulveda Blvd Ste 1100
Los Angeles, CA 90045
Kidney Dialysis Centers
NAICS code 621492
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 494 businesses in the "Kidney Dialysis Centers" industry received a total of $118.17M 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 24 employees, 700% higher than Kidney Care A Medical Corporation's reported 3 employees, and received an average PPP loan of $239,220, 857% higher than this company's loan of $25,000.
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Footnotes & Information
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