PPP Loan Data — Stack Up, Sylmar, CA
Entity: Non-profit Organization
Industry: Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)
Location: Sylmar, CATweet This • Search All PPP Data
Stack Up is a non-profit organization located at 14913 W Navarre Way in Sylmar, California that received a Coronavirus-related PPP loan from the SBA of $46,985.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Stack Up in Sylmar, CA received a Paycheck Protection Loan of $46,985 through Customers Bank, which was approved in May, 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, Stack Up's 2019 payroll expenses are estimated to be at least $225,528.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $25,059 per employee1
Reported PPP Proceed Usage:
On the PPP application, Stack Up reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,985
Business Information - Stack Up in Sylmar, CA
14913 W Navarre Way
Sylmar, CA 91342
Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)
NAICS code 813990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sylmar
In the Sylmar area, 3 businesses in the "Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 9) and received an average PPP loan of $24,845 (compared to this company's $46,985).
Similar Nearby Businesses Who Received PPP Funding:
Suicide Boxing Fitness Inc
Industry PPP Comparison Statistics
Nationwide, 8,934 businesses in the "Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)" industry received a total of $676.03M 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 9 employees, the same amount reported by Stack Up and received an average PPP loan of $75,670, 61% higher than this company's loan of $46,985.
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Footnotes & Information
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