PPP Loan Data — Sarah Kim, Broker, Anaheim, CA
Sarah Kim, Broker is a sole proprietorship located at 306 S Camellia Street in Anaheim, California that received a Coronavirus-related PPP loan from the SBA of $24,995.00 in April, 2020.
The company has reported itself as an Asian female owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of the West
Sarah Kim, Broker in Anaheim, CA received a Paycheck Protection Loan of $24,995 through Bank of the West, which was approved in April, 2020.
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, Sarah Kim, Broker's 2019 payroll expenses are estimated to be at least $119,976.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $59,988 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sarah Kim, Broker reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,995
Business Information - Sarah Kim, Broker in Anaheim, CA
306 S Camellia Street
Anaheim, CA 92804
Residential Property Managers
NAICS code 531311
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Anaheim
In the Anaheim area, 8 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 2) and received an average PPP loan of $833,430 (compared to this company's $24,995).
Similar Nearby Businesses Who Received PPP Funding:
Top Deck Investments Inc
Consensys Property Management, Inc
Taormina Management LLC
Barker Management, Inc
Lukens Lane LLC
Industry PPP Comparison Statistics
Nationwide, 36,628 businesses in the "Residential Property Managers" industry received a total of $3.05B 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 9 employees, 350% higher than Sarah Kim, Broker's reported 2 employees, and received an average PPP loan of $83,394, 234% higher than this company's loan of $24,995.
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Footnotes & Information
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