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PPP Loan Data — Pacific Cheese Co.,Inc, Hayward, CA

SBA PPP loan data, payroll data, and salaries for Pacific Cheese Co.,Inc
CA

Pacific Cheese Co.,Inc

Entity: Subchapter S Corporation

Industry: Dairy Product (except Dried or Canned) Merchant Wholesalers

Location: Hayward, CA

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Pacific Cheese Co.,Inc is a subchapter s corporation located at 21090 Cabot Blvd, in Hayward, California that received a Coronavirus-related PPP loan from the SBA of $3,622,860.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.62M

Jobs Retained:

280

Loan Approved:

2020-04-30

Lender:

BANK OF THE WEST

Pacific Cheese Co.,Inc in Hayward, CA received a Paycheck Protection Loan of $3.62M through BANK OF THE WEST, which was approved in April, 2020.

Based on standard PPP eligibility rules, Pacific Cheese Co.,Inc's total 2019 payroll expenses were approximately $17.39M in order to qualify for the PPP loan amount received.

Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $62,106 per employee1.

Because the loan received by Pacific Cheese Co.,Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Pacific Cheese Co.,Inc in Hayward, CA

Pacific Cheese Co.,Inc
21090 Cabot Blvd,
Hayward, CA 94545

Business Industry

Dairy Product (except Dried or Canned) Merchant Wholesalers (NAICS code 424430)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-15

Similar Companies near Hayward

In the Hayward area, 2 businesses in the "Dairy Product (except Dried or Canned) Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 156 employees (compared to this company's 280) and received an average PPP loan of $1,950,023 (compared to this company's $3.62M).

Similar Nearby Businesses Who Received PPP Funding:

Pepes Foods Inc
Hayward, CA

$277,185 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 721 businesses in the "Dairy Product (except Dried or Canned) Merchant Wholesalers" industry received a total of $153,207,703.00 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 18 employees, 94% lower than Pacific Cheese Co.,Inc's reported 280 employees, and received an average PPP loan of $212,493, 94% lower than this company's loan of $3.62M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/pacific-cheese-co-inc-hayward-ca