PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Rock Paper Scissors, LLC, Santa Monica, CA

SBA PPP loan data, payroll data, and salaries for Rock Paper Scissors, LLC
CA

Rock Paper Scissors, LLC

Entity: Limited Liability Company (LLC)

Industry: Motion Picture and Video Production

Location: Santa Monica, CA

Search All PPP Data

Rock Paper Scissors, LLC is a limited liability company (LLC) located at 2308 Broadway in Santa Monica, California that received a Coronavirus-related PPP loan from the SBA of $5,313,300.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.31M

Jobs Retained:

280

Loan Approved:

2020-04-09

Lender:

PACIFIC MERCANTILE BANK

Rock Paper Scissors, LLC received a Paycheck Protection Loan of $5.31M through PACIFIC MERCANTILE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Rock Paper Scissors, LLC's total 2019 payroll expenses were approximately $25.5M in order to qualify for the PPP loan amount received.

Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $91,085 per employee1.

Because the loan received by Rock Paper Scissors, LLC 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 - Rock Paper Scissors, LLC in Santa Monica, CA

Rock Paper Scissors, LLC
2308 Broadway
Santa Monica, CA 90404

Business Industry

Motion Picture and Video Production (NAICS code 512110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-33

Similar Companies near Santa Monica

In the Santa Monica area, 140 businesses in the "Motion Picture and Video Production" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 280) and received an average PPP loan of $118,579 (compared to this company's $5.31M).

Industry PPP Comparison Statistics

Nationwide, 12,751 businesses in the "Motion Picture and Video Production" industry received a total of $753,529,815.00 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 Rock Paper Scissors, LLC's reported 280 employees, and received an average PPP loan of $59,096, 99% lower than this company's loan of $5.31M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/rock-paper-scissors-llc-santa-monica-ca