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PPP Loan Data — Pomona Valley Rehabilitation Center LLC, Pomona, CA

SBA PPP loan data, payroll data, and salaries for Pomona Valley Rehabilitation Center LLC
CA

Pomona Valley Rehabilitation Center LLC

Entity: Limited Liability Company (LLC)

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

Location: Pomona, CA

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Pomona Valley Rehabilitation Center LLC is a limited liability company (LLC) located at 250 W Artesia Street in Pomona, California that received a Coronavirus-related PPP loan from the SBA of $2,910,959.00 in August, 2020.

The company has reported itself as a female owned business, and employed at least 359 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.91M

Jobs Retained:

359

Loan Approved:

2020-08-07

Lender:

CUSTOMERS BANK

Pomona Valley Rehabilitation Center LLC in Pomona, CA received a Paycheck Protection Loan of $2.91M through CUSTOMERS BANK, which was approved in August, 2020.

Based on standard PPP eligibility rules, Pomona Valley Rehabilitation Center LLC's total 2019 payroll expenses were approximately $13.97M in order to qualify for the PPP loan amount received.

Based on their reported 359 jobs retained, this equals an estimated average yearly compensation of $38,921 per employee1.

Because the loan received by Pomona Valley Rehabilitation Center LLC 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 - Pomona Valley Rehabilitation Center LLC in Pomona, CA

Pomona Valley Rehabilitation Center LLC
250 W Artesia Street
Pomona, CA 91768

Business Industry

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

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: FEMALE OWNED

Veteran Status: Unreported

Congressional District: CA-35

Similar Companies near Pomona

In the Pomona area, 5 businesses in the "Offices of Physical, Occupational and Speech Therapists, and Audiologists" industry received a PPP loan. These local businesses reported an average of 84 employees (compared to this company's 359) and received an average PPP loan of $680,831 (compared to this company's $2.91M).

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, 98% lower than Pomona Valley Rehabilitation Center LLC's reported 359 employees, and received an average PPP loan of $79,587, 97% lower than this company's loan of $2.91M.

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.

Search FederalPay's Full PPP Loan Database

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/pomona-valley-rehabilitation-center-llc-pomona-ca