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PPP Loan Data — Longevity Global Inc,
Hayward, CA
Longevity Global Inc
Entity: Corporation
Industry: Other Construction Material Merchant Wholesalers
Location: Hayward, CA
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Longevity Global Inc is a corporation located at 23591 Foley Street in Hayward, California that received a Coronavirus-related PPP loan from the SBA of $20,767.00 in June, 2020.
The company has reported itself as a male owned business, and employed at least five people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
5Loan Approved:
2020-06-30Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONLongevity Global Inc received a Paycheck Protection Loan of $20,767 through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in June, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Longevity Global Inc's total 2019 payroll expenses were approximately $99,682 in order to qualify for the PPP loan amount received.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $19,936 per employee1.
Business Information - Longevity Global Inc in Hayward, CA
23591 Foley Street
Hayward, CA 94545
Business Industry
Other Construction Material Merchant Wholesalers (NAICS code 423390)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-15Similar Companies near Hayward
In the Hayward area, 4 businesses in the "Other Construction Material Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 5) and received an average PPP loan of $268,529 (compared to this company's $20,767).
Similar Nearby Businesses Who Received PPP Funding:
BMG Tile & Stone
Hayward, CA
Quall's Stud Welding Products Inc.
Hayward, CA
DOC Bailey Construction Equipment, Inc.
Castro Valley, CA
Industry PPP Comparison Statistics
Nationwide, 2,198 businesses in the "Other Construction Material Merchant Wholesalers" industry received a total of $354,432,196.00 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 12 employees, 140% higher than Longevity Global Inc's reported 5 employees, and received an average PPP loan of $161,252, 676% higher than this company's loan of $20,767.
Longevity Global, Inc.
Entity: Sole Proprietorship
Industry: All Other Miscellaneous Store Retailers (except Tobacco Stores)
Location: Hayward, CA
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Longevity Global, Inc. is a sole proprietorship located at 23591 Foley Street in Hayward, California that received a Coronavirus-related PPP loan from the SBA of $20,700.00 in June, 2020.
The company has reported itself as a male owned business, and employed at least three people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
3Loan Approved:
2020-06-30Lender:
CUSTOMERS BANKLongevity Global, Inc. received a Paycheck Protection Loan of $20,700 through CUSTOMERS BANK, which was approved in June, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Longevity Global, Inc.'s total 2019 payroll expenses were approximately $99,360 in order to qualify for the PPP loan amount received.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $33,120 per employee1.
Business Information - Longevity Global, Inc. in Hayward, CA
23591 Foley Street
Hayward, CA 94545
Business Industry
All Other Miscellaneous Store Retailers (except Tobacco Stores) (NAICS code 453998)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-15Similar Companies near Hayward
In the Hayward area, 45 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 3) and received an average PPP loan of $186,685 (compared to this company's $20,700).
Similar Nearby Businesses Who Received PPP Funding:
Fashion Depot
Hayward, CA
NEP Electric
Hayward, CA
Hayward Car Wash
Hayward, CA
Twilight Zone
Hayward, CA
M. K. Co
Hayward, CA
Chefmak Inc.
Hayward, CA
AMS Appliance Repair
Hayward, CA
Akiba Hq
Hayward, CA
Westbrook Labs Inc.
Castro Valley, CA
Industry PPP Comparison Statistics
Nationwide, 67,030 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $3,394,491,072.00 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 6 employees, 100% higher than Longevity Global, Inc.'s reported 3 employees, and received an average PPP loan of $50,641, 145% higher than this company's loan of $20,700.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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