FederalPay.org
PPP Loan Data — Premier Business Support LLC,
San Diego, CA
Premier Business Support LLC
Entity: Limited Liability Company (LLC)
Industry: Business Associations
Location: San Diego, CA
Tweet This
•
Search All PPP Data
Premier Business Support LLC is a limited liability company (LLC) located at 2763 Camino Del Rio South in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $3,490,700.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 250 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
250Loan Approved:
2020-04-03Lender:
CORNERSTONE BANKPremier Business Support LLC in San Diego, CA received a Paycheck Protection Loan of $3.49M through CORNERSTONE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Premier Business Support LLC's total 2019 payroll expenses were approximately $16.76M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $67,021 per employee1.
Business Information - Premier Business Support LLC in San Diego, CA
2763 Camino Del Rio South
San Diego, CA 92108
Business Industry
Business Associations (NAICS code 813910)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-53Similar Companies near San Diego
In the San Diego area, 5 businesses in the "Business Associations" industry received a PPP loan. These local businesses reported an average of 55 employees (compared to this company's 250) and received an average PPP loan of $809,669 (compared to this company's $3.49M).
Similar Nearby Businesses Who Received PPP Funding:
The Pacific Beach Community Development
San Diego, CA
Windward Technology, Inc
San Diego, CA
Golden State Contractors School
San Diego, CA
National Association Of Hispanic Real Estate Professionals
San Diego, CA
Industry PPP Comparison Statistics
Nationwide, 4,372 businesses in the "Business Associations" industry received a total of $459,024,867.00 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 9 employees, 96% lower than Premier Business Support LLC's reported 250 employees, and received an average PPP loan of $104,992, 97% lower than this company's loan of $3.49M.
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.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!