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PPP Loan Data — Pegasus Physical Therapy Solutions Inc, Laguna Hills, CA

SBA PPP loan data, payroll data, and salaries for Pegasus Physical Therapy Solutions Inc
CA

Pegasus Physical Therapy Solutions Inc

Entity: Corporation

Industry: Offices of Physical, Occupational and Speech Therapists, and Audiologists

Location: Laguna Hills, CA

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Pegasus Physical Therapy Solutions Inc is a corporation located at 23221 S Pointe Dr Ste 101 in Laguna Hills, California that received a Coronavirus-related PPP loan from the SBA of $114,692.00 in May, 2020.

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

$ PPP Loan Information

Loan Size:

$114,692

Jobs Retained:

12

Loan Approved:

2020-05-01

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

Pegasus Physical Therapy Solutions Inc received a Paycheck Protection Loan of $114,692 through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Pegasus Physical Therapy Solutions Inc's total 2019 payroll expenses were approximately $550,522 in order to qualify for the PPP loan amount received.

Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $45,877 per employee1.

Business Information - Pegasus Physical Therapy Solutions Inc in Laguna Hills, CA

Pegasus Physical Therapy Solutions Inc
23221 S Pointe Dr Ste 101
Laguna Hills, CA 92653

Business Industry

Offices of Physical, Occupational and Speech Therapists, and Audiologists (NAICS code 621340)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: CA-45

Similar Companies near Laguna Hills

In the Laguna Hills area, 14 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 12) and received an average PPP loan of $238,741 (compared to this company's $114,692).

Industry PPP Comparison Statistics

Nationwide, 21,136 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a total of $1,682,147,868.00 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 8 employees, 33% lower than Pegasus Physical Therapy Solutions Inc's reported 12 employees, and received an average PPP loan of $79,587, 31% lower than this company's loan of $114,692.

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.

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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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/pegasus-physical-therapy-solutions-inc-laguna-hills-ca