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PPP Loan Data — Pacific Coast Tree Experts,
Canoga Park, CA
Pacific Coast Tree Experts
Entity: Subchapter S Corporation
Industry: All Other Specialty Trade Contractors
Location: Canoga Park, CA
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Pacific Coast Tree Experts is a subchapter s corporation located at 22048 Sherman Way, Ste 105 in Canoga Park, California that received a Coronavirus-related PPP loan from the SBA of $2,507,000.00 in April, 2020.
The company has reported itself as a Hispanic male owned business, and employed at least 223 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
223Loan Approved:
2020-04-27Lender:
SUNWEST BANKPacific Coast Tree Experts received a Paycheck Protection Loan of $2.51M through SUNWEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pacific Coast Tree Experts' total 2019 payroll expenses were approximately $12.03M in order to qualify for the PPP loan amount received.
Based on their reported 223 jobs retained, this equals an estimated average yearly compensation of $53,962 per employee1.
Business Information - Pacific Coast Tree Experts in Canoga Park, CA
22048 Sherman Way, Ste 105
Canoga Park, CA 91303
Business Industry
All Other Specialty Trade Contractors (NAICS code 238990)
Business Owner Demographics
Race / Ethnicity: HISPANIC
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-30Similar Companies near Canoga Park
In the Canoga Park area, 18 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 223) and received an average PPP loan of $198,582 (compared to this company's $2.51M).
Similar Nearby Businesses Who Received PPP Funding:
Aizen Fire Protection, Inc.
Canoga Park, CA
Creative Air Solutions Inc
Canoga Park, CA
Maanco Construction, Inc.
Canoga Park, CA
Design Build La LLC
West Hills, CA
Parsa Tech Inc.
Canoga Park, CA
Dynamic Fence Inc.
Canoga Park, CA
Final Installment, Inc.
Woodland Hills, CA
AVM Industries, Inc.
Canoga Park, CA
Industry PPP Comparison Statistics
Nationwide, 44,474 businesses in the "All Other Specialty Trade Contractors" industry received a total of $5,068,221,395.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 9 employees, 96% lower than Pacific Coast Tree Experts' reported 223 employees, and received an average PPP loan of $113,959, 95% 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, 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.
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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