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PPP Loan Data — Parking Concepts, Inc., Irvine, CA

SBA PPP loan data, payroll data, and salaries for Parking Concepts, Inc.

Parking Concepts, Inc.

Entity: Subchapter S Corporation

Industry: Parking Lots and Garages

Location: Irvine, CA

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Parking Concepts, Inc. is a subchapter s corporation located at 12 Mauchly, Building I in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $4,860,400.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Parking Concepts, Inc. in Irvine, CA received a Paycheck Protection Loan of $4.86M through CITY NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Parking Concepts, Inc.'s total 2019 payroll expenses were approximately $23.33M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $46,660 per employee1.

Because the loan received by Parking Concepts, 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 - Parking Concepts, Inc. in Irvine, CA

Parking Concepts, Inc.
12 Mauchly, Building I
Irvine, CA 92618

Business Industry

Parking Lots and Garages (NAICS code 812930)

Business Owner Demographics

Race / Ethnicity: Unreported


Veteran Status: NON-VETERAN

Congressional District: CA-45

Similar Companies near Irvine

In the Irvine area, 2 businesses in the "Parking Lots and Garages" industry received a PPP loan. These local businesses reported an average of 258 employees (compared to this company's 500) and received an average PPP loan of $2,453,018 (compared to this company's $4.86M).

Similar Nearby Businesses Who Received PPP Funding:

Citywide Parking Management Inc
Irvine, CA

$45,635 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,831 businesses in the "Parking Lots and Garages" industry received a total of $286,968,643.00 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 21 employees, 96% lower than Parking Concepts, Inc.'s reported 500 employees, and received an average PPP loan of $156,728, 97% lower than this company's loan of $4.86M.

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.

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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 - The Civil Employee's Resource **