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PPP Loan Data — Seaspine Holdings Corporation,
Carlsbad, CA
Seaspine Holdings Corporation
Entity: Corporation
Industry: All Other Miscellaneous Manufacturing
Location: Carlsbad, CA
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Seaspine Holdings Corporation is a corporation located at 5770 Armada Drive, in Carlsbad, California that received a Coronavirus-related PPP loan from the SBA of $6,173,100.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
391Loan Approved:
2020-04-15Lender:
REGIONS BANKSeaspine Holdings Corporation received a Paycheck Protection Loan of $6.17M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Seaspine Holdings Corporation's total 2019 payroll expenses were approximately $29.63M in order to qualify for the PPP loan amount received.
Based on their reported 391 jobs retained, this equals an estimated average yearly compensation of $75,782 per employee1.
Business Information - Seaspine Holdings Corporation in Carlsbad, CA
5770 Armada Drive,
Carlsbad, CA 92008
Business Industry
All Other Miscellaneous Manufacturing (NAICS code 339999)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-49Similar Companies near Carlsbad
In the Carlsbad area, 5 businesses in the "All Other Miscellaneous Manufacturing" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 391) and received an average PPP loan of $1,438,292 (compared to this company's $6.17M).
Similar Nearby Businesses Who Received PPP Funding:
Naturemaker, Inc
Carlsbad, CA
Rydan Industries
Carlsbad, CA
Elma Designs
Carlsbad, CA
Sean Gildea DBA Oceanside Glasstile Company
Carlsbad, CA
Industry PPP Comparison Statistics
Nationwide, 8,697 businesses in the "All Other Miscellaneous Manufacturing" industry received a total of $1,285,606,911.00 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 12 employees, 97% lower than Seaspine Holdings Corporation's reported 391 employees, and received an average PPP loan of $147,822, 98% lower than this company's loan of $6.17M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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