PPP Loan Data — Roy M.hayashi DMDa Professional Corp, Irvine, CA
Roy M.hayashi DMDa Professional Corp is a corporation located at 3 Franklin in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $46,800.00 in January, 2021.
The company has reported itself as a male owned business, and employed at least four people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:First General Bank
Roy M.hayashi DMDa Professional Corp in Irvine, CA received a Paycheck Protection Loan of $46,800 through First General Bank, which was approved in January, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Roy M.hayashi DMDa Professional Corp's 2019 payroll expenses are estimated to be at least $224,640.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $56,160 per employee1
Reported PPP Proceed Usage:
On the PPP application, Roy M.hayashi DMDa Professional Corp reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,799
Business Information - Roy M.hayashi DMDa Professional Corp in Irvine, CA
Irvine, CA 92620
Offices of Dentists
NAICS code 621210
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Irvine
In the Irvine area, 55 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 4) and received an average PPP loan of $35,366 (compared to this company's $46,800).
Similar Nearby Businesses Who Received PPP Funding:
Daniel D. Kim DDS Professional Corporation
Anita Chou DDS Inc
Annie Park DDS Inc
Jeffrey C Robertson DDS Inc
Jeffrey Chu DDS. Inc
Peter J Lee DDS Inc
Sung Wook Park DDS Inc
Talim Endodontics Inc
Industry PPP Comparison Statistics
Nationwide, 173,521 businesses in the "Offices of Dentists" industry received a total of $14B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 100% higher than Roy M.hayashi DMDa Professional Corp's reported 4 employees, and received an average PPP loan of $80,703, 72% higher than this company's loan of $46,800.
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Footnotes & Information
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