PPP Loan Data — Sonoma Media Investments, LLC, Santa Rosa, CA
Sonoma Media Investments, LLC is a limited liability company (LLC) located at 427 Mendocino Ave in Santa Rosa, California that received a Coronavirus-related PPP loan from the SBA of $3,377,543.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 273 people during the applicable loan loan period.
$ PPP Loan Information
Sonoma Media Investments, LLC received a Paycheck Protection Loan of $3.38M through EXCHANGE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sonoma Media Investments, LLC's total 2019 payroll expenses were approximately $16.21M in order to qualify for the PPP loan amount received.
Based on their reported 273 jobs retained, this equals an estimated average yearly compensation of $59,385 per employee1.
Business Information - Sonoma Media Investments, LLC in Santa Rosa, CA
427 Mendocino Ave
Santa Rosa, CA 95401
Newspaper Publishers (NAICS code 511110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-05
Industry PPP Comparison Statistics
Nationwide, 2,840 businesses in the "Newspaper Publishers" industry received a total of $401,663,111.00 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 14 employees, 95% lower than Sonoma Media Investments, LLC's reported 273 employees, and received an average PPP loan of $141,431, 96% lower than this company's loan of $3.38M.
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Footnotes & Information
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