PPP Loan Data — Price Simms, Inc., Sunnyvale, CA
Price Simms, Inc. is a subchapter s corporation located at 898 W. El Camino Real in Sunnyvale, California that received a Coronavirus-related PPP loan from the SBA of $2,781,077.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Price Simms, Inc. received a Paycheck Protection Loan of $2.78M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Price Simms, Inc.'s total 2019 payroll expenses were approximately $13.35M in order to qualify for the PPP loan amount received.
Based on their reported 211 jobs retained, this equals an estimated average yearly compensation of $63,266 per employee1.
Business Information - Price Simms, Inc. in Sunnyvale, CA
898 W. El Camino Real
Sunnyvale, CA 94087
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-17
Similar Companies near Sunnyvale
In the Sunnyvale area, 6 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 81 employees (compared to this company's 211) and received an average PPP loan of $1,250,240 (compared to this company's $2.78M).
Similar Nearby Businesses Who Received PPP Funding:
Larry Hopkins, Inc.
DDS Enterprises Inc
Dgdg 6, LLC
Sunnyvale Ford Inc
Japanese Beetle Inc.
Industry PPP Comparison Statistics
Nationwide, 16,570 businesses in the "New Car Dealers" industry received a total of $10,869,996,969.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 47 employees, 78% lower than Price Simms, Inc.'s reported 211 employees, and received an average PPP loan of $656,005, 76% lower than this company's loan of $2.78M.
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