PPP Loan Data — Ron Bogie, Calabasas, CA
Ron Bogie is a sole proprietorship located at 26500 Agoura Rd Ste 102-513 in Calabasas, California that received a Coronavirus-related PPP loan from the SBA of $25,493.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of America, National Association
Ron Bogie in Calabasas, CA received a Paycheck Protection Loan of $25,493 through Bank of America, National Association, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.
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, Ron Bogie's 2019 payroll expenses are estimated to be at least $122,366.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,473 per employee1
Reported PPP Proceed Usage:
On the PPP application, Ron Bogie reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,493
Business Information - Ron Bogie in Calabasas, CA
26500 Agoura Rd Ste 102-513
Calabasas, CA 91302
Coin-Operated Laundries and Drycleaners
NAICS code 812310
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Calabasas
In the Calabasas area, 4 businesses in the "Coin-Operated Laundries and Drycleaners" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 5) and received an average PPP loan of $15,874 (compared to this company's $25,493).
Similar Nearby Businesses Who Received PPP Funding:
Malibu Laundry Inc
M And F Laundry Inc
Canoga Park, CA
Industry PPP Comparison Statistics
Nationwide, 9,073 businesses in the "Coin-Operated Laundries and Drycleaners" industry received a total of $210.37M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 5 employees, the same amount reported by Ron Bogie and received an average PPP loan of $23,187, 9% lower than this company's loan of $25,493.
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Footnotes & Information
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