PPP Loan Data — La Costa Canyon High School Foundation,, Carlsbad, CA
La Costa Canyon High School Foundation, is a non-profit organization located at 1 Maverick Way in Carlsbad, California that received a Coronavirus-related PPP loan from the SBA of $25,250.00 in July, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
La Costa Canyon High School Foundation, in Carlsbad, CA received a Paycheck Protection Loan of $25,250 through JPMorgan Chase Bank, National Association, which was approved in July, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
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, La Costa Canyon High School Foundation,'s 2019 payroll expenses are estimated to be at least $121,200.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,600 per employee1
Reported PPP Proceed Usage:
On the PPP application, La Costa Canyon High School Foundation, reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,250
Business Information - La Costa Canyon High School Foundation, in Carlsbad, CA
1 Maverick Way
Carlsbad, CA 92009
NAICS code 813211
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Carlsbad
In the Carlsbad area, 4 businesses in the "Grantmaking Foundations" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 2) and received an average PPP loan of $207,165 (compared to this company's $25,250).
Similar Nearby Businesses Who Received PPP Funding:
Saint Patrick Catholic Parish Carlsbad In Carlsbad Californi
Seal - Nsw Family Foundation
Industry PPP Comparison Statistics
Nationwide, 4,623 businesses in the "Grantmaking Foundations" industry received a total of $559.02M 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 12 employees, 500% higher than La Costa Canyon High School Foundation,'s reported 2 employees, and received an average PPP loan of $120,922, 379% higher than this company's loan of $25,250.
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Footnotes & Information
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