PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — NU Flow America Inc, San Diego, CA

ALERT: There are 2 PPP loans for a total of $3.34M in our database for businesses with the name "NU Flow America Inc" in San Diego, CA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for NU Flow America Inc
CA

NU Flow America Inc

Entity: Corporation

Industry: Plastics Material and Resin Manufacturing

Location: San Diego, CA

Search All PPP Data

NU Flow America Inc is a corporation located at 7710 Kenamar Ct in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $1,469,315.00 in February, 2021.

$ PPP Loan Information Loan #4108168504

Loan Size:

$1.47M

Jobs Retained:

140

Loan Approved:

2021-02-25

Loan Status:

Ongoing Loan

Lender:

CIBC Bank USA

NU Flow America Inc in San Diego, CA received a Paycheck Protection Loan of $1.47M through CIBC Bank USA, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, NU Flow America Inc's 2019 payroll expenses are estimated to be at least $7.05M.

Based on their reported 140 jobs retained, this equals an estimated average yearly compensation of $50,377 per employee1

Reported PPP Proceed Usage:

On the PPP application, NU Flow America Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,469,315

Business Information - NU Flow America Inc in San Diego, CA

NU Flow America Inc
7710 Kenamar Ct
San Diego, CA 92121

Business Industry:
Plastics Material and Resin Manufacturing
NAICS code 325211

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

San Diego County, CA — SBA Office 0954 — Congressional District: CA-52

Similar Companies near San Diego

In the San Diego area, 2 businesses in the "Plastics Material and Resin Manufacturing" industry received a PPP loan. These local businesses reported an average of 123 employees (compared to this company's 140) and received an average PPP loan of $1,670,758 (compared to this company's $1.47M).

Similar Nearby Businesses Who Received PPP Funding:

NU Flow America, Inc
San Diego, CA

$1.87M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,268 businesses in the "Plastics Material and Resin Manufacturing" industry received a total of $404,002,943.00 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 29 employees, 79% lower than NU Flow America Inc's reported 140 employees, and received an average PPP loan of $318,614, 78% lower than this company's loan of $1.47M.

SBA PPP loan data, payroll data, and salaries for NU Flow America, Inc
CA

NU Flow America, Inc

Entity: Corporation

Industry: Plastics Material and Resin Manufacturing

Location: San Diego, CA

Search All PPP Data

NU Flow America, Inc is a corporation located at 7710 Kenamar Ct. in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $1,872,200.00 in April, 2020.

$ PPP Loan Information Loan #9050987005

Loan Size:

$1.87M

Jobs Retained:

106

Loan Approved:

2020-04-09

Loan Status:

Ongoing Loan

Lender:

CIBC Bank USA

NU Flow America, Inc in San Diego, CA received a Paycheck Protection Loan of $1.87M through CIBC Bank USA, which was approved in April, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, NU Flow America, Inc's 2019 payroll expenses are estimated to be at least $8.99M.

Based on their reported 106 jobs retained, this equals an estimated average yearly compensation of $84,779 per employee1

Reported PPP Proceed Usage:

On the PPP application, NU Flow America, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,872,200

Business Information - NU Flow America, Inc in San Diego, CA

NU Flow America, Inc
7710 Kenamar Ct.
San Diego, CA 92121

Business Industry:
Plastics Material and Resin Manufacturing
NAICS code 325211

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

San Diego County, CA — SBA Office 0954 — Congressional District: CA-52

Similar Companies near San Diego

In the San Diego area, 2 businesses in the "Plastics Material and Resin Manufacturing" industry received a PPP loan. These local businesses reported an average of 123 employees (compared to this company's 106) and received an average PPP loan of $1,670,758 (compared to this company's $1.87M).

Similar Nearby Businesses Who Received PPP Funding:

NU Flow America Inc
San Diego, CA

$1.47M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,268 businesses in the "Plastics Material and Resin Manufacturing" industry received a total of $404,002,943.00 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 29 employees, 73% lower than NU Flow America, Inc's reported 106 employees, and received an average PPP loan of $318,614, 83% lower than this company's loan of $1.87M.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/nu-flow-america-inc-san-diego-ca