PPP Loan Data — Kimmer E. Young DDS. Dental Corporation, Madera, CA
Kimmer E. Young DDS. Dental Corporation
Entity: Subchapter S Corporation
Location: Madera, CATweet This • Search All PPP Data
Kimmer E. Young DDS. Dental Corporation is a subchapter s corporation located at 2401 West Cleveland Avenue in Madera, 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
Kimmer E. Young DDS. Dental Corporation in Madera, CA received a Paycheck Protection Loan of $25,000 through Customers 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, Kimmer E. Young DDS. Dental Corporation's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Kimmer E. Young DDS. Dental Corporation reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Kimmer E. Young DDS. Dental Corporation in Madera, CA
2401 West Cleveland Avenue
Madera, CA 93637
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Madera
In the Madera area, 21 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 6) and received an average PPP loan of $27,022 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Venturi House Of Music
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Saenz Pest Control Inc
J & M Floor Covering Inc
S And K Minit Mart 3
Samuel Fuentes DBA Devotion Landscaping
Industry PPP Comparison Statistics
Nationwide, 152,436 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $5.23B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 33% lower than Kimmer E. Young DDS. Dental Corporation's reported 6 employees, and received an average PPP loan of $34,329, 37% higher than this company's loan of $25,000.
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