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PPP Loan Data — Pablo Artworks LLC,
Thousand Oaks, CA
FRANCHISE
CAPablo Artworks LLC
Entity: Limited Liability Company (LLC)
Industry: Elementary and Secondary Schools
Franchise: Young Rembrandts
Location: Thousand Oaks, CA
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Pablo Artworks LLC is a limited liability company (LLC) located at 2918 Rikkard Dr in Thousand Oaks, California that received a Coronavirus-related PPP loan from the SBA of $5,736.00 in February, 2021. This business is a Young Rembrandts franchise.
$
PPP Loan Information
Loan #1285608502
Loan Size:
Jobs Retained:
11Loan Approved:
2021-02-18Loan Status:
Paid in Full or ForgivenLender:
Square Capital, LLCPablo Artworks LLC in Thousand Oaks, CA received a Paycheck Protection Loan of $5,736 through Square Capital, LLC, which was approved in February, 2021.
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 March, 2022.
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 MoreUnderstanding 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 MoreBased 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, Pablo Artworks LLC's 2019 payroll expenses are estimated to be at least $27,533.
Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $2,503 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pablo Artworks LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $5,730
- Utilities: $1
Business Information - Pablo Artworks LLC in Thousand Oaks, CA
2918 Rikkard Dr
Thousand Oaks, CA 91362
Business Industry:
Elementary and Secondary Schools
NAICS code 611110
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
Similar Companies near Thousand Oaks
In the Thousand Oaks area, 14 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 11) and received an average PPP loan of $487,840 (compared to this company's $5,736).
Similar Nearby Businesses Who Received PPP Funding:
First Baptist Academy
Thousand Oaks, CA
ST. Jude The Apostle School
Westlake Village, CA
Charles Wintner
Westlake Village, CA
Oaks Christian School
Westlake Village, CA
Carden Westlake Village Inc
Westlake Vlg, CA
Westlake Montessori School Inc
Thousand Oaks, CA
Westlake Montessori School
Thousand Oaks, CA
Hillcrest Christian Center Of Thousand Oaks
Thousand Oaks, CA
Industry PPP Comparison Statistics
Nationwide, 22,634 businesses in the "Elementary and Secondary Schools" industry received a total of $7.35B 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 38 employees, 245% higher than Pablo Artworks LLC's reported 11 employees, and received an average PPP loan of $324,628, 5559% higher than this company's loan of $5,736.
Pablo Artworks LLC
Entity: Limited Liability Company (LLC)
Industry: Elementary and Secondary Schools
Location: Thousand Oaks, CA
Tweet This
•
Search All PPP Data
Pablo Artworks LLC is a limited liability company (LLC) located at 2918 Rikkard Dr in Thousand Oaks, California that received a Coronavirus-related PPP loan from the SBA of $5,736.00 in May, 2020.
$
PPP Loan Information
Loan #2849047407
Loan Size:
Jobs Retained:
11Loan Approved:
2020-05-06Loan Status:
Paid in Full or ForgivenLender:
Square Capital, LLCPablo Artworks LLC in Thousand Oaks, CA received a Paycheck Protection Loan of $5,736 through Square Capital, LLC, which was approved in May, 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 June, 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 MoreUnderstanding 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 MoreBased 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, Pablo Artworks LLC's 2019 payroll expenses are estimated to be at least $27,533.
Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $2,503 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pablo Artworks LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $4,302
- Utilities: $717
- Mortgage Interest: $717
Business Information - Pablo Artworks LLC in Thousand Oaks, CA
2918 Rikkard Dr
Thousand Oaks, CA 91362
Business Industry:
Elementary and Secondary Schools
NAICS code 611110
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
Similar Companies near Thousand Oaks
In the Thousand Oaks area, 14 businesses in the "Elementary and Secondary Schools" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 11) and received an average PPP loan of $487,840 (compared to this company's $5,736).
Similar Nearby Businesses Who Received PPP Funding:
First Baptist Academy
Thousand Oaks, CA
ST. Jude The Apostle School
Westlake Village, CA
Charles Wintner
Westlake Village, CA
Oaks Christian School
Westlake Village, CA
Carden Westlake Village Inc
Westlake Vlg, CA
Westlake Montessori School Inc
Thousand Oaks, CA
Westlake Montessori School
Thousand Oaks, CA
Hillcrest Christian Center Of Thousand Oaks
Thousand Oaks, CA
Industry PPP Comparison Statistics
Nationwide, 22,634 businesses in the "Elementary and Secondary Schools" industry received a total of $7.35B 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 38 employees, 245% higher than Pablo Artworks LLC's reported 11 employees, and received an average PPP loan of $324,628, 5559% higher than this company's loan of $5,736.
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. 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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