PPP Loan Data — Lodestone Pacific Holding Company, Inc., Arcata, CA
Lodestone Pacific Holding Company, Inc. is a corporation located at 4945 Boyd Road in Arcata, California that received a Coronavirus-related PPP loan from the SBA of $4,644,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 294 people during the applicable loan loan period.
$ PPP Loan Information
Lodestone Pacific Holding Company, Inc. in Arcata, CA received a Paycheck Protection Loan of $4.64M through UMPQUA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lodestone Pacific Holding Company, Inc.'s total 2019 payroll expenses were approximately $22.29M in order to qualify for the PPP loan amount received.
Based on their reported 294 jobs retained, this equals an estimated average yearly compensation of $75,827 per employee1.
Business Information - Lodestone Pacific Holding Company, Inc. in Arcata, CA
4945 Boyd Road
Arcata, CA 95521
Securities Brokerage (NAICS code 523120)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-02
Industry PPP Comparison Statistics
Nationwide, 3,089 businesses in the "Securities Brokerage" industry received a total of $262,454,625.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Lodestone Pacific Holding Company, Inc.'s reported 294 employees, and received an average PPP loan of $84,964, 98% lower than this company's loan of $4.64M.
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Footnotes & Information
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