PPP Loan Data — Sam H Oh, Fresno, CA
Sam H Oh
Entity: Sole Proprietorship
Location: Fresno, CATweet This • Search All PPP Data
Sam H Oh is a sole proprietorship located at 6073 N 1st St Ste 101 in Fresno, California that received a Coronavirus-related PPP loan from the SBA of $25,195.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of America, National Association
Sam H Oh in Fresno, CA received a Paycheck Protection Loan of $25,195 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, Sam H Oh's 2019 payroll expenses are estimated to be at least $120,936.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,234 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sam H Oh reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,195
Business Information - Sam H Oh in Fresno, CA
6073 N 1st St Ste 101
Fresno, CA 93710
Offices of All Other Miscellaneous Health Practitioners
NAICS code 621399
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Fresno
In the Fresno area, 24 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 4) and received an average PPP loan of $103,118 (compared to this company's $25,195).
Similar Nearby Businesses Who Received PPP Funding:
Cencal Anesthesia And Nursing Inc
Fresno Medical Center, Inc
Surendra Patel MD Inc
D. Duane Oswald
DOO Sik Kim
Mark Barnes PHD
Imagine Investment Group,
Industry PPP Comparison Statistics
Nationwide, 64,105 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $2.47B 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, 25% higher than Sam H Oh's reported 4 employees, and received an average PPP loan of $38,577, 53% higher than this company's loan of $25,195.
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