PPP Loan Data — School Apparel, Inc., Burlingame, CA
School Apparel, Inc. is a corporation located at 838 Mitten Road in Burlingame, California that received a Coronavirus-related PPP loan from the SBA of $2,468,500.00 in April, 2020.
$ PPP Loan Information
School Apparel, Inc. in Burlingame, CA received a Paycheck Protection Loan of $2.47M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, School Apparel, Inc.'s total 2019 payroll expenses were approximately $11.85M in order to qualify for the PPP loan amount received.
Based on their reported 198 jobs retained, this equals an estimated average yearly compensation of $59,842 per employee1.
Business Information - School Apparel, Inc. in Burlingame, CA
838 Mitten Road
Burlingame, CA 94010
Men’s and Boys’ Cut and Sew Apparel Manufacturing (NAICS code 315220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-14
Similar Companies near Burlingame
In the Burlingame area, 2 businesses in the "Men’s and Boys’ Cut and Sew Apparel Manufacturing" industry received a PPP loan. These local businesses reported an average of 99 employees (compared to this company's 198) and received an average PPP loan of $1,248,754 (compared to this company's $2.47M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 633 businesses in the "Men’s and Boys’ Cut and Sew Apparel Manufacturing" industry received a total of $90,985,899.00 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 15 employees, 92% lower than School Apparel, Inc.'s reported 198 employees, and received an average PPP loan of $143,738, 94% lower than this company's loan of $2.47M.
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Footnotes & Information
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