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PPP Loan Data — Richmond Area Multi-Services, Inc,
San Francisco, CA
Richmond Area Multi-Services, Inc
Entity: Non-profit Organization
Industry: Offices of Mental Health Practitioners (except Physicians)
Location: San Francisco, CA
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Richmond Area Multi-Services, Inc is a non-profit organization located at 4355 Geary Blvd in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $3,552,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
368Loan Approved:
2020-04-06Lender:
BANK OF SAN FRANCISCORichmond Area Multi-Services, Inc in San Francisco, CA received a Paycheck Protection Loan of $3.55M through BANK OF SAN FRANCISCO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Richmond Area Multi-Services, Inc's total 2019 payroll expenses were approximately $17.05M in order to qualify for the PPP loan amount received.
Based on their reported 368 jobs retained, this equals an estimated average yearly compensation of $46,333 per employee1.
Business Information - Richmond Area Multi-Services, Inc in San Francisco, CA
4355 Geary Blvd
San Francisco, CA 94118
Business Industry
Offices of Mental Health Practitioners (except Physicians) (NAICS code 621330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-12Similar Companies near San Francisco
In the San Francisco area, 28 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 368) and received an average PPP loan of $142,636 (compared to this company's $3.55M).
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Industry PPP Comparison Statistics
Nationwide, 19,828 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a total of $847,562,029.00 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 4 employees, 99% lower than Richmond Area Multi-Services, Inc's reported 368 employees, and received an average PPP loan of $42,746, 99% lower than this company's loan of $3.55M.
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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