PPP Loan Data — Para Los Ninos, Los Angeles, CA
Para Los Ninos is a non-profit organization located at 5000 Hollywood Blvd in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $3,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:AMERICAN BUSINESS BANK
Para Los Ninos in Los Angeles, CA received a Paycheck Protection Loan of $3M through AMERICAN BUSINESS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Para Los Ninos' total 2019 payroll expenses were approximately $14.4M in order to qualify for the PPP loan amount received.
Based on their reported 430 jobs retained, this equals an estimated average yearly compensation of $33,488 per employee1.
Business Information - Para Los Ninos in Los Angeles, CA
5000 Hollywood Blvd
Los Angeles, CA 90027
Child and Youth Services (NAICS code 624110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-28
Similar Companies near Los Angeles
In the Los Angeles area, 3 businesses in the "Child and Youth Services" industry received a PPP loan. These local businesses reported an average of 184 employees (compared to this company's 430) and received an average PPP loan of $1,353,221 (compared to this company's $3M).
Similar Nearby Businesses Who Received PPP Funding:
Los Angeles, CA
El Centro Del Pueblo
Los Angeles, CA
Industry PPP Comparison Statistics
Nationwide, 6,712 businesses in the "Child and Youth Services" industry received a total of $1,286,022,505.00 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 24 employees, 94% lower than Para Los Ninos' reported 430 employees, and received an average PPP loan of $191,600, 94% lower than this company's loan of $3M.
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Footnotes & Information
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