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PPP Loan Data — Sacrx Corporation, Sacramento, CA

SBA PPP loan data, payroll data, and salaries for Sacrx Corporation

Sacrx Corporation

Entity: Corporation

Industry: Medical Laboratories

Location: Sacramento, CA

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Sacrx Corporation is a corporation located at 6540 Stockton Blvd,suite 3b in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $24,893.00 in April, 2020.

$ PPP Loan Information
Loan #6835637306

Loan Size:


Jobs Retained:


Loan Approved:


Loan Status:

Ongoing Loan


Cross River Bank

Sacrx Corporation in Sacramento, CA received a Paycheck Protection Loan of $24,893 through Cross River Bank, which was approved in April, 2020.

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

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

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Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

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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, Sacrx Corporation's 2019 payroll expenses are estimated to be at least $119,486.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $23,897 per employee1

Reported PPP Proceed Usage:

On the PPP application, Sacrx Corporation reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $24,893

Business Information - Sacrx Corporation in Sacramento, CA

Sacrx Corporation
6540 Stockton Blvd,suite 3b
Sacramento, CA 95823

Business Industry:
Medical Laboratories
NAICS code 621511

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age:

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Sacramento County, CA — SBA Office 0931 — Congressional District: CA-06

Similar Companies near Sacramento

In the Sacramento area, 4 businesses in the "Medical Laboratories" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 5) and received an average PPP loan of $25,208 (compared to this company's $24,893).

Industry PPP Comparison Statistics

Nationwide, 5,753 businesses in the "Medical Laboratories" industry received a total of $848.85M 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 14 employees, 180% higher than Sacrx Corporation's reported 5 employees, and received an average PPP loan of $147,548, 493% higher than this company's loan of $24,893.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. 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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