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PPP Loan Data — Openerp S.A.,
San Francisco, CA
Openerp S.A.
Entity: Corporation
Industry: Custom Computer Programming Services
Location: San Francisco, CA
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Openerp S.A. is a corporation located at 250 Executive Park Blvd Ste 3400 in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $2,505,600.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
169Loan Approved:
2020-04-28Lender:
FIRST REPUBLIC BANKOpenerp S.A. in San Francisco, CA received a Paycheck Protection Loan of $2.51M through FIRST REPUBLIC BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Openerp S.A.'s total 2019 payroll expenses were approximately $12.03M in order to qualify for the PPP loan amount received.
Based on their reported 169 jobs retained, this equals an estimated average yearly compensation of $71,165 per employee1.
Business Information - Openerp S.A. in San Francisco, CA
250 Executive Park Blvd Ste 3400
San Francisco, CA 94134
Business Industry
Custom Computer Programming Services (NAICS code 541511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-12Similar Companies near San Francisco
In the San Francisco area, 20 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 169) and received an average PPP loan of $196,062 (compared to this company's $2.51M).
Similar Nearby Businesses Who Received PPP Funding:
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Rainmaker Labs
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Innovint Inc
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Industry PPP Comparison Statistics
Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 93% lower than Openerp S.A.'s reported 169 employees, and received an average PPP loan of $200,633, 92% lower than this company's loan of $2.51M.
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, and is published unmodified, as provided by the SBA.
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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