PPP Loan Data — Scantibodies Laboratory, Inc., Santee, CA
Scantibodies Laboratory, Inc. is a corporation located at 9336 Abraham Way in Santee, California that received a Coronavirus-related PPP loan from the SBA of $3,390,300.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 217 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF SOUTHERN CALIFORNIA, NATIONAL ASSOCIATION
Scantibodies Laboratory, Inc. in Santee, CA received a Paycheck Protection Loan of $3.39M through BANK OF SOUTHERN CALIFORNIA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Scantibodies Laboratory, Inc.'s total 2019 payroll expenses were approximately $16.27M in order to qualify for the PPP loan amount received.
Based on their reported 217 jobs retained, this equals an estimated average yearly compensation of $74,993 per employee1.
Business Information - Scantibodies Laboratory, Inc. in Santee, CA
9336 Abraham Way
Santee, CA 92071
In-Vitro Diagnostic Substance Manufacturing (NAICS code 325413)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-50
Industry PPP Comparison Statistics
Nationwide, 71 businesses in the "In-Vitro Diagnostic Substance Manufacturing" industry received a total of $28,892,082.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 23 employees, 89% lower than Scantibodies Laboratory, Inc.'s reported 217 employees, and received an average PPP loan of $406,931, 88% lower than this company's loan of $3.39M.
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Footnotes & Information
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