PPP Loan Data — Sonoma Specialty Hospital LLC, Sebastopol, CA
Sonoma Specialty Hospital LLC
Entity: Limited Liability Company (LLC)
Location: Sebastopol, CATweet This • Search All PPP Data
Sonoma Specialty Hospital LLC is a limited liability company (LLC) located at 501 Pealuma Ave. in Sebastopol, California that received a Coronavirus-related PPP loan from the SBA of $1,645,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 220 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Sonoma Specialty Hospital LLC in Sebastopol, CA received a Paycheck Protection Loan of $1.65M through Fremont Bank, which was approved in April, 2020.
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, Sonoma Specialty Hospital LLC's 2019 payroll expenses are estimated to be at least $7.9M.
Based on their reported 220 jobs retained, this equals an estimated average yearly compensation of $35,891 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sonoma Specialty Hospital LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,645,000
Business Information - Sonoma Specialty Hospital LLC in Sebastopol, CA
501 Pealuma Ave.
Sebastopol, CA 95472
Specialty (except Psychiatric and Substance Abuse) Hospitals
NAICS code 622310
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 1,497 businesses in the "Specialty (except Psychiatric and Substance Abuse) Hospitals" industry received a total of $391.15M 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 25 employees, 89% lower than Sonoma Specialty Hospital LLC's reported 220 employees, and received an average PPP loan of $261,289, 84% lower than this company's loan of $1.65M.
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Footnotes & Information
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