PPP Loan Data — Pacific Die Cut Industries, Hayward, CA
Pacific Die Cut Industries
Entity: Sole Proprietorship
Location: Hayward, CATweet This • Search All PPP Data
Pacific Die Cut Industries is a sole proprietorship located at 3399 Arden Road in Hayward, California that received a Coronavirus-related PPP loan from the SBA of $947,300.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 65 people during the applicable loan loan period.
$ PPP Loan Information
Lender:READYCAP LENDING, LLC
Pacific Die Cut Industries received a Paycheck Protection Loan of $947,300 through READYCAP LENDING, LLC, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pacific Die Cut Industries' total 2019 payroll expenses were approximately $4.55M in order to qualify for the PPP loan amount received.
Based on their reported 65 jobs retained, this equals an estimated average yearly compensation of $69,954 per employee1.
Business Information - Pacific Die Cut Industries in Hayward, CA
3399 Arden Road
Hayward, CA 94545
All Other Miscellaneous Store Retailers (except Tobacco Stores) (NAICS code 453998)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-15
Similar Companies near Hayward
In the Hayward area, 45 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 65) and received an average PPP loan of $186,685 (compared to this company's $947,300).
Similar Nearby Businesses Who Received PPP Funding:
Techstyles Sportswear LLC
Total Warehouse Inc
HI-Tech Audio Systems, Incorporated
Custom Ice Jewelers LLC
E-Trade Auto Connection LLC
Industry PPP Comparison Statistics
Nationwide, 67,030 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $3,394,491,072.00 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 6 employees, 91% lower than Pacific Die Cut Industries' reported 65 employees, and received an average PPP loan of $50,641, 95% lower than this company's loan of $947,300.
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. 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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