PPP Loan Data — Science And Nonduality.com, Sebastopol, CA
Science And Nonduality.com is a non-profit organization located at 1251 Gold Ridge Rd in Sebastopol, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Science And Nonduality.com in Sebastopol, CA received a Paycheck Protection Loan of $25,000 through Redwood CU, which was approved in April, 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 March, 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, Science And Nonduality.com's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Science And Nonduality.com reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Science And Nonduality.com in Sebastopol, CA
1251 Gold Ridge Rd
Sebastopol, CA 95472
Educational Support Services
NAICS code 611710
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sebastopol
In the Sebastopol area, 8 businesses in the "Educational Support Services" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 2) and received an average PPP loan of $48,249 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Radiate Studio LLC
New Ways To Work Inc
Institute For Educational Therapy
Terri Lynn Jensen
Industry PPP Comparison Statistics
Nationwide, 39,474 businesses in the "Educational Support Services" industry received a total of $2.35B 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 7 employees, 250% higher than Science And Nonduality.com's reported 2 employees, and received an average PPP loan of $59,417, 138% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
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