PPP Loan Data — Strategies To Empower People, Inc., Sacramento, CA
Strategies To Empower People, Inc. is a corporation located at 2330 Glendale Ln in Sacramento, California that received a Coronavirus-related PPP loan from the SBA of $4,952,300.00 in May, 2020.
The company has reported itself as a White female owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Strategies To Empower People, Inc. received a Paycheck Protection Loan of $4.95M through UMPQUA BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Strategies To Empower People, Inc.'s total 2019 payroll expenses were approximately $23.77M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $47,542 per employee1.
Business Information - Strategies To Empower People, Inc. in Sacramento, CA
2330 Glendale Ln
Sacramento, CA 95825
Assisted Living Facilities for the Elderly (NAICS code 623312)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-06
Similar Companies near Sacramento
In the Sacramento area, 2 businesses in the "Assisted Living Facilities for the Elderly" industry received a PPP loan. These local businesses reported an average of 280 employees (compared to this company's 500) and received an average PPP loan of $2,612,900 (compared to this company's $4.95M).
Similar Nearby Businesses Who Received PPP Funding:
Solar Senior Living 2 LLC
Industry PPP Comparison Statistics
Nationwide, 6,544 businesses in the "Assisted Living Facilities for the Elderly" industry received a total of $1,444,187,946.00 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 32 employees, 94% lower than Strategies To Empower People, Inc.'s reported 500 employees, and received an average PPP loan of $220,689, 96% lower than this company's loan of $4.95M.
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Footnotes & Information
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