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

PPP Loan Data — Opya Inc, San Mateo, CA

ALERT: There are 2 PPP loans for a total of $1.46M in our database for businesses with the name "Opya Inc" in San Mateo, 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 Opya Inc
CA

Opya Inc

Entity: Corporation

Industry: Home Health Care Services

Location: San Mateo, CA

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Opya Inc is a corporation located at 1720 S Amphlett Blvd in San Mateo, California that received a Coronavirus-related PPP loan from the SBA of $730,333.00 in February, 2021.

The company has reported itself as a White male owned business, and employed at least 64 people during the applicable loan loan period.

$ PPP Loan Information
Loan #5399338402

Loan Size:

$730,333

Jobs Retained:

64

Loan Approved:

2021-02-08

Loan Status:

Ongoing Loan

Lender:

Itria Ventures LLC

Opya Inc in San Mateo, CA received a Paycheck Protection Loan of $730,333 through Itria Ventures LLC, 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, Opya Inc's 2019 payroll expenses are estimated to be at least $3.51M.

Based on their reported 64 jobs retained, this equals an estimated average yearly compensation of $54,775 per employee1

Reported PPP Proceed Usage:

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

  • Payroll: $730,331

Business Information - Opya Inc in San Mateo, CA

Opya Inc
1720 S Amphlett Blvd
San Mateo, CA 94402

Business Industry:
Home Health Care Services
NAICS code 621610

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

San Mateo County, CA — SBA Office 0912 — Congressional District: CA-14

Similar Companies near San Mateo

In the San Mateo area, 24 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 64) and received an average PPP loan of $353,161 (compared to this company's $730,333).

Industry PPP Comparison Statistics

Nationwide, 91,996 businesses in the "Home Health Care Services" industry received a total of $7.67B 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 15 employees, 77% lower than Opya Inc's reported 64 employees, and received an average PPP loan of $83,373, 89% lower than this company's loan of $730,333.

SBA PPP loan data, payroll data, and salaries for Opya Inc
CA

Opya Inc

Entity: Corporation

Industry: All Other Outpatient Care Centers

Location: San Mateo, CA

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Opya Inc is a corporation located at 1720 S Amphlett Blvd Suite 110 in San Mateo, California that received a Coronavirus-related PPP loan from the SBA of $732,600.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 56 people during the applicable loan loan period.

$ PPP Loan Information
Loan #3682567107

Loan Size:

$732,600

Jobs Retained:

56

Loan Approved:

2020-04-12

Loan Status:

Paid in Full or Forgiven

Lender:

Reliant Bank

Opya Inc in San Mateo, CA received a Paycheck Protection Loan of $732,600 through Reliant Bank, which was approved in April, 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 February, 2021.

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, Opya Inc's 2019 payroll expenses are estimated to be at least $3.52M.

Based on their reported 56 jobs retained, this equals an estimated average yearly compensation of $62,794 per employee1

Reported PPP Proceed Usage:

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

  • Payroll: $612,600
  • Utilities: $20,000
  • Rent: $100,000

Business Information - Opya Inc in San Mateo, CA

Opya Inc
1720 S Amphlett Blvd Suite 110
San Mateo, CA 94402

Business Industry:
All Other Outpatient Care Centers
NAICS code 621498

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

San Mateo County, CA — SBA Office 0912 — Congressional District: CA-14

Similar Companies near San Mateo

In the San Mateo area, 3 businesses in the "All Other Outpatient Care Centers" industry received a PPP loan. These local businesses reported an average of 19 employees (compared to this company's 56) and received an average PPP loan of $250,162 (compared to this company's $732,600).

Industry PPP Comparison Statistics

Nationwide, 20,239 businesses in the "All Other Outpatient Care Centers" industry received a total of $1.82B 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 9 employees, 84% lower than Opya Inc's reported 56 employees, and received an average PPP loan of $90,010, 88% lower than this company's loan of $732,600.

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/opya-inc-san-mateo-ca