PPP Loan Data — Robert Paul, Inc. DBA Sunseeker Tours, Laguna Niguel, CA
Robert Paul, Inc. DBA Sunseeker Tours is a corporation located at 28411 Brandon Dr in Laguna Niguel, California that received a Coronavirus-related PPP loan from the SBA of $24,995.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
Robert Paul, Inc. DBA Sunseeker Tours in Laguna Niguel, CA received a Paycheck Protection Loan of $24,995 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Robert Paul, Inc. DBA Sunseeker Tours' 2019 payroll expenses are estimated to be at least $119,976.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $39,992 per employee1
Reported PPP Proceed Usage:
On the PPP application, Robert Paul, Inc. DBA Sunseeker Tours reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,995
Business Information - Robert Paul, Inc. DBA Sunseeker Tours in Laguna Niguel, CA
28411 Brandon Dr
Laguna Niguel, CA 92677
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 0 employees, 100% lower than Robert Paul, Inc. DBA Sunseeker Tours' reported 3 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $24,995.
FederalPay's PPP Information Policy
Footnotes & Information
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