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PPP Loan Data — Paramdeep Chohan, Yuba City, CA

ALERT: There are 2 PPP loans for a total of $41,666 in our database for businesses with the name "Paramdeep Chohan" in Yuba City, CA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Paramdeep Chohan
CA

Paramdeep Chohan

Entity: Sole Proprietorship

Industry: Other Noncitrus Fruit Farming

Location: Yuba City, CA

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Paramdeep Chohan is a sole proprietorship located in Yuba City, California that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in March, 2021.

The company has reported itself as a female owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #7623438500

Loan Size:

$20,833

Jobs Retained:

1

Loan Approved:

2021-03-06

Loan Status:

Paid in Full or Forgiven

Lender:

Plumas Bank

Paramdeep Chohan in Yuba City, CA received a Paycheck Protection Loan of $20,833 through Plumas Bank, which was approved in March, 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 October, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Paramdeep Chohan reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,828
  • Utilities: $1

Business Information - Paramdeep Chohan in Yuba City, CA

Paramdeep Chohan
Yuba City, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Other Noncitrus Fruit Farming
NAICS code 111339

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Sutter County, CA — SBA Office 0931 — Congressional District: CA-03

Similar Companies near Yuba City

In the Yuba City area, 14 businesses in the "Other Noncitrus Fruit Farming" industry received a PPP loan. These local businesses reported an average of 19 employees (compared to this company's 1) and received an average PPP loan of $48,500 (compared to this company's $20,833).

Industry PPP Comparison Statistics

Nationwide, 1,584 businesses in the "Other Noncitrus Fruit Farming" industry received a total of $161.86M 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 22 employees, 2100% higher than Paramdeep Chohan's reported 1 employees, and received an average PPP loan of $102,184, 390% higher than this company's loan of $20,833.

SBA PPP loan data, payroll data, and salaries for Paramdeep Chohan
CA

Paramdeep Chohan

Entity: Sole Proprietorship

Industry: Fruit and Tree Nut Combination Farming

Location: Yuba City, CA

Search All PPP Data

Paramdeep Chohan is a sole proprietorship located in Yuba City, California that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #2547627202

Loan Size:

$20,833

Jobs Retained:

1

Loan Approved:

2020-04-16

Loan Status:

Paid in Full or Forgiven

Lender:

Plumas Bank

Paramdeep Chohan in Yuba City, CA received a Paycheck Protection Loan of $20,833 through Plumas Bank, which was approved in April, 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 February, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Paramdeep Chohan reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,833

Business Information - Paramdeep Chohan in Yuba City, CA

Paramdeep Chohan
Yuba City, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Fruit and Tree Nut Combination Farming
NAICS code 111336

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Sutter County, CA — SBA Office 0931 — Congressional District: CA-03

Similar Companies near Yuba City

In the Yuba City area, 60 businesses in the "Fruit and Tree Nut Combination Farming" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 1) and received an average PPP loan of $54,904 (compared to this company's $20,833).

Industry PPP Comparison Statistics

Nationwide, 1,379 businesses in the "Fruit and Tree Nut Combination Farming" industry received a total of $126.11M 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 20 employees, 1900% higher than Paramdeep Chohan's reported 1 employees, and received an average PPP loan of $91,454, 339% higher than this company's loan of $20,833.

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.

Search FederalPay's Full PPP Loan Database

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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Source: www.federalpay.org/paycheck-protection-program/paramdeep-chohan-yuba-city-ca