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PPP Loan Data — Ringler Associates Incorporated, Aliso Viejo, CA

SBA PPP loan data, payroll data, and salaries for Ringler Associates Incorporated
CA

Ringler Associates Incorporated

Entity: Corporation

Industry: Legal Counsel and Prosecution

Location: Aliso Viejo, CA

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Ringler Associates Incorporated is a corporation located at 27422 Aliso Creek Rd in Aliso Viejo, California that received a Coronavirus-related PPP loan from the SBA of $3,444,137.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.44M

Jobs Retained:

201

Loan Approved:

2020-04-07

Lender:

RADIUS BANK

Ringler Associates Incorporated in Aliso Viejo, CA received a Paycheck Protection Loan of $3.44M through RADIUS BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ringler Associates Incorporated's total 2019 payroll expenses were approximately $16.53M in order to qualify for the PPP loan amount received.

Based on their reported 201 jobs retained, this equals an estimated average yearly compensation of $82,248 per employee1.

Because the loan received by Ringler Associates Incorporated 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 - Ringler Associates Incorporated in Aliso Viejo, CA

Ringler Associates Incorporated
27422 Aliso Creek Rd
Aliso Viejo, CA 92656

Business Industry

Legal Counsel and Prosecution (NAICS code 922130)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-48

Industry PPP Comparison Statistics

Nationwide, 4,522 businesses in the "Legal Counsel and Prosecution" industry received a total of $346,914,341.00 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 5 employees, 98% lower than Ringler Associates Incorporated's reported 201 employees, and received an average PPP loan of $76,717, 98% lower than this company's loan of $3.44M.

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.

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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/ringler-associates-incorporated-aliso-viejo-ca