PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Quality Care Ipa Inland Empire Inc, San Bernardino, CA

ALERT: There are 2 PPP loans for a total of $356,792 in our database for businesses with the name "Quality Care Ipa Inland Empire Inc" in San Bernardino, CA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Quality Care Ipa Inland Empire Inc
CA

Quality Care Ipa Inland Empire Inc

Entity: Subchapter S Corporation

Industry: Offices of Physicians (except Mental Health Specialists)

Location: San Bernardino, CA

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Quality Care Ipa Inland Empire Inc is a subchapter s corporation located at 590 N Sierra Way in San Bernardino, California that received a Coronavirus-related PPP loan from the SBA of $171,557.00 in February, 2021.

$ PPP Loan Information
Loan #1948348509

Loan Size:

$171,557

Jobs Retained:

18

Loan Approved:

2021-02-19

Loan Status:

Ongoing Loan

Lender:

JPMorgan Chase Bank, National Association

Quality Care Ipa Inland Empire Inc in San Bernardino, CA received a Paycheck Protection Loan of $171,557 through JPMorgan Chase Bank, National Association, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Quality Care Ipa Inland Empire Inc's 2019 payroll expenses are estimated to be at least $823,474.

Based on their reported 18 jobs retained, this equals an estimated average yearly compensation of $45,749 per employee1

Reported PPP Proceed Usage:

On the PPP application, Quality Care Ipa Inland Empire Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $171,553
  • Utilities: $1

Business Information - Quality Care Ipa Inland Empire Inc in San Bernardino, CA

Quality Care Ipa Inland Empire Inc
590 N Sierra Way
San Bernardino, CA 92410

Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: N

Rural / Urban: Urban

San Bernardino County, CA — SBA Office 0920 — Congressional District: CA-31

Similar Companies near San Bernardino

In the San Bernardino area, 13 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 18) and received an average PPP loan of $474,047 (compared to this company's $171,557).

Industry PPP Comparison Statistics

Nationwide, 166,222 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $20.52B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 39% lower than Quality Care Ipa Inland Empire Inc's reported 18 employees, and received an average PPP loan of $123,474, 28% lower than this company's loan of $171,557.

SBA PPP loan data, payroll data, and salaries for Quality Care Ipa Inland Empire, Inc
CA

Quality Care Ipa Inland Empire, Inc

Entity: Subchapter S Corporation

Industry: Unclassified Establishments

Location: San Bernardino, CA

Search All PPP Data

Quality Care Ipa Inland Empire, Inc is a subchapter s corporation located at 590 N Sierra Way in San Bernardino, California that received a Coronavirus-related PPP loan from the SBA of $185,235.00 in May, 2020.

$ PPP Loan Information
Loan #2326117710

Loan Size:

$185,235

Jobs Retained:

17

Loan Approved:

2020-05-01

Loan Status:

Ongoing Loan

Lender:

JPMorgan Chase Bank, National Association

Quality Care Ipa Inland Empire, Inc in San Bernardino, CA received a Paycheck Protection Loan of $185,235 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Quality Care Ipa Inland Empire, Inc's 2019 payroll expenses are estimated to be at least $889,128.

Based on their reported 17 jobs retained, this equals an estimated average yearly compensation of $52,302 per employee1

Reported PPP Proceed Usage:

On the PPP application, Quality Care Ipa Inland Empire, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $153,465
  • Utilities: $18,750
  • Rent: $13,020

Business Information - Quality Care Ipa Inland Empire, Inc in San Bernardino, CA

Quality Care Ipa Inland Empire, Inc
590 N Sierra Way
San Bernardino, CA 92410

Business Industry:
Unclassified Establishments
NAICS code 999990

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

San Bernardino County, CA — SBA Office 0920 — Congressional District: CA-31

Similar Companies near San Bernardino

In the San Bernardino area, 8 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 17) and received an average PPP loan of $44,822 (compared to this company's $185,235).

Industry PPP Comparison Statistics

Nationwide, 85,914 businesses in the "Unclassified Establishments" industry received a total of $3.69B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 10 employees, 41% lower than Quality Care Ipa Inland Empire, Inc's reported 17 employees, and received an average PPP loan of $42,927, 77% lower than this company's loan of $185,235.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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/quality-care-ipa-inland-empire-inc-san-bernardino-ca