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PPP Loan Data — Retail Services Wis Corporation,
San Diego, CA
Retail Services Wis Corporation
Entity: Corporation
Industry: All Other Business Support Services
Location: San Diego, CA
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Retail Services Wis Corporation is a corporation located at 9265 Sky Park Ct in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-30Lender:
CITY NATIONAL BANKRetail Services Wis Corporation in San Diego, CA received a Paycheck Protection Loan of $10M through CITY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Retail Services Wis Corporation's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Retail Services Wis Corporation in San Diego, CA
9265 Sky Park Ct
San Diego, CA 92123
Business Industry
All Other Business Support Services (NAICS code 561499)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-52Similar Companies near San Diego
In the San Diego area, 16 businesses in the "All Other Business Support Services" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 500) and received an average PPP loan of $681,269 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
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JD Neal, Professional Chiropractic Corp
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Christie A. Caliva Inc.
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YMS Enterprise Inc.
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National Franchise Financial Services
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Beauty Entreprise Inc
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Industry PPP Comparison Statistics
Nationwide, 28,906 businesses in the "All Other Business Support Services" industry received a total of $1,963,852,672.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 99% lower than Retail Services Wis Corporation's reported 500 employees, and received an average PPP loan of $67,939, 99% lower than this company's loan of $10M.
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.
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