PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Skyline Tax & Accounting Inc, San Francisco, CA

ALERT: There are 2 PPP loans for a total of $37,877 in our database for businesses with the name "Skyline Tax & Accounting Inc" in San Francisco, CA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Skyline Tax & Accounting Inc
CA

Skyline Tax & Accounting Inc

Entity: Corporation

Industry: All Other Professional, Scientific, and Technical Services

Location: San Francisco, CA

Search All PPP Data

Skyline Tax & Accounting Inc is a corporation located at 555 California St Ste 4925 in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $23,245.00 in February, 2021.

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 #4321738508

Loan Size:

$23,245

Jobs Retained:

2

Loan Approved:

2021-02-25

Loan Status:

Paid in Full or Forgiven

Lender:

Celtic Bank Corporation

Skyline Tax & Accounting Inc in San Francisco, CA received a Paycheck Protection Loan of $23,245 through Celtic Bank Corporation, which was approved in February, 2021.

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 November, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Skyline Tax & Accounting Inc's 2019 payroll expenses are estimated to be at least $111,576.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $55,788 per employee1

Reported PPP Proceed Usage:

On the PPP application, Skyline Tax & Accounting Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $23,242
  • Utilities: $1

Business Information - Skyline Tax & Accounting Inc in San Francisco, CA

Skyline Tax & Accounting Inc
555 California St Ste 4925
San Francisco, CA 94104

Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

San Francisco County, CA — SBA Office 0912 — Congressional District: CA-12

Similar Companies near San Francisco

In the San Francisco area, 114 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 2) and received an average PPP loan of $131,864 (compared to this company's $23,245).

Industry PPP Comparison Statistics

Nationwide, 128,283 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.38B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, 150% higher than Skyline Tax & Accounting Inc's reported 2 employees, and received an average PPP loan of $57,491, 147% higher than this company's loan of $23,245.

SBA PPP loan data, payroll data, and salaries for Skyline Tax & Accounting Inc
CA

Skyline Tax & Accounting Inc

Entity: Corporation

Industry: All Other Professional, Scientific, and Technical Services

Location: San Francisco, CA

Search All PPP Data

Skyline Tax & Accounting Inc is a corporation located in San Francisco, California that received a Coronavirus-related PPP loan from the SBA of $14,632.00 in April, 2020.

The company has reported itself as an Asian female owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #4551487210

Loan Size:

$14,632

Jobs Retained:

1

Loan Approved:

2020-04-27

Loan Status:

Paid in Full or Forgiven

Lender:

Celtic Bank Corporation

Skyline Tax & Accounting Inc in San Francisco, CA received a Paycheck Protection Loan of $14,632 through Celtic Bank Corporation, 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 June, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Skyline Tax & Accounting Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $10,974
  • Rent: $3,658

Business Information - Skyline Tax & Accounting Inc in San Francisco, CA

Skyline Tax & Accounting Inc
San Francisco, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

San Francisco County, CA — SBA Office 0912 — Congressional District: CA-12

Similar Companies near San Francisco

In the San Francisco area, 114 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 1) and received an average PPP loan of $131,864 (compared to this company's $14,632).

Industry PPP Comparison Statistics

Nationwide, 128,283 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.38B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, 400% higher than Skyline Tax & Accounting Inc's reported 1 employees, and received an average PPP loan of $57,491, 293% higher than this company's loan of $14,632.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/skyline-tax-accounting-inc-san-francisco-ca