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PPP Loan Data — Redwood Community Services, Inc., Ukiah, CA

SBA PPP loan data, payroll data, and salaries for Redwood Community Services, Inc.
CA

Redwood Community Services, Inc.

Entity: Professional Association

Industry: Child and Youth Services

Location: Ukiah, CA

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Redwood Community Services, Inc. is a professional association located at 631 S Orchard Ave in Ukiah, California that received a Coronavirus-related PPP loan from the SBA of $2,645,270.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.65M

Jobs Retained:

310

Loan Approved:

2020-04-13

Lender:

SAVINGS BANK OF MENDOCINO COUNTY

Redwood Community Services, Inc. received a Paycheck Protection Loan of $2.65M through SAVINGS BANK OF MENDOCINO COUNTY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Redwood Community Services, Inc.'s total 2019 payroll expenses were approximately $12.7M in order to qualify for the PPP loan amount received.

Based on their reported 310 jobs retained, this equals an estimated average yearly compensation of $40,959 per employee1.

Because the loan received by Redwood Community Services, Inc. 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 - Redwood Community Services, Inc. in Ukiah, CA

Redwood Community Services, Inc.
631 S Orchard Ave
Ukiah, CA 95482

Business Industry

Child and Youth Services (NAICS code 624110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-02

Similar Companies near Ukiah

In the Ukiah area, 2 businesses in the "Child and Youth Services" industry received a PPP loan. These local businesses reported an average of 156 employees (compared to this company's 310) and received an average PPP loan of $1,325,551 (compared to this company's $2.65M).

Similar Nearby Businesses Who Received PPP Funding:

Ukiah Dolphins Swim Club
Ukiah, CA

$5,832 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 6,712 businesses in the "Child and Youth Services" industry received a total of $1,286,022,505.00 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 24 employees, 92% lower than Redwood Community Services, Inc.'s reported 310 employees, and received an average PPP loan of $191,600, 93% lower than this company's loan of $2.65M.

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.

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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/redwood-community-services-inc-ukiah-ca