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

PPP Loan Data — Supan Detailing Services Inc, Brea, CA

ALERT: There are 2 PPP loans for a total of $292,879 in our database for businesses with the name "Supan Detailing Services Inc" in Brea, 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 Supan Detailing Services Inc
CA

Supan Detailing Services Inc

Entity: Corporation

Industry: Drafting Services

Location: Brea, CA

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Supan Detailing Services Inc is a corporation located at 500 S Kraemer Blvd Ste 250 in Brea, California that received a Coronavirus-related PPP loan from the SBA of $143,112.00 in March, 2021.

The company has reported itself as a male owned business, and employed at least nine people during the applicable loan loan period.

$ PPP Loan Information
Loan #6078668607

Loan Size:

$143,112

Jobs Retained:

9

Loan Approved:

2021-03-20

Loan Status:

Active Un-Disbursed

Lender:

Wells Fargo Bank, National Association
PPP Funds Undisbursed

Supan Detailing Services Inc in Brea, CA received a Paycheck Protection Loan of $143,112 through Wells Fargo Bank, National Association, which was approved in March, 2021.

While this loan has been approved by the Small Business Administration, the lender has not reported to the SBA that the loan funds were disbursed to the borrower. According to SBA records, a total of $143,112 in approved PPP funding has not been disbursed. The loan's status was last updated by the SBA in March, 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, Supan Detailing Services Inc's 2019 payroll expenses are estimated to be at least $686,938.

Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $76,326 per employee1

Reported PPP Proceed Usage:

On the PPP application, Supan Detailing Services Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $143,112

Business Information - Supan Detailing Services Inc in Brea, CA

Supan Detailing Services Inc
500 S Kraemer Blvd Ste 250
Brea, CA 92821

Business Industry:
Drafting Services
NAICS code 541340

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Orange County, CA — SBA Office 0920 — Congressional District: CA-39

Similar Companies near Brea

In the Brea area, 2 businesses in the "Drafting Services" 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 $76,556 (compared to this company's $143,112).

Similar Nearby Businesses Who Received PPP Funding:

FT Deaign Group
Brea, CA

$10,000 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 2,405 businesses in the "Drafting Services" industry received a total of $98.69M 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 3 employees, 67% lower than Supan Detailing Services Inc's reported 9 employees, and received an average PPP loan of $41,036, 71% lower than this company's loan of $143,112.

SBA PPP loan data, payroll data, and salaries for Supan Detailing Services Inc
CA

Supan Detailing Services Inc

Entity: Corporation

Industry: Commercial and Institutional Building Construction

Location: Brea, CA

Search All PPP Data

Supan Detailing Services Inc is a corporation located at 500 S. Kraemer Blvd. in Brea, California that received a Coronavirus-related PPP loan from the SBA of $149,767.00 in May, 2020.

The company has reported itself as a male owned business, and employed at least nine people during the applicable loan loan period.

$ PPP Loan Information
Loan #4088297710

Loan Size:

$149,767

Jobs Retained:

9

Loan Approved:

2020-05-01

Loan Status:

Ongoing Loan

Lender:

Wells Fargo Bank, National Association

Supan Detailing Services Inc in Brea, CA received a Paycheck Protection Loan of $149,767 through Wells Fargo Bank, National Association, which was approved in May, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

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, Supan Detailing Services Inc's 2019 payroll expenses are estimated to be at least $718,882.

Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $79,876 per employee1

Reported PPP Proceed Usage:

On the PPP application, Supan Detailing Services Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $149,767

Business Information - Supan Detailing Services Inc in Brea, CA

Supan Detailing Services Inc
500 S. Kraemer Blvd.
Brea, CA 92821

Business Industry:
Commercial and Institutional Building Construction
NAICS code 236220

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Orange County, CA — SBA Office 0920 — Congressional District: CA-39

Similar Companies near Brea

In the Brea area, 19 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 9) and received an average PPP loan of $451,546 (compared to this company's $149,767).

Industry PPP Comparison Statistics

Nationwide, 65,446 businesses in the "Commercial and Institutional Building Construction" industry received a total of $11.96B 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 14 employees, 56% higher than Supan Detailing Services Inc's reported 9 employees, and received an average PPP loan of $182,738, 22% higher than this company's loan of $149,767.

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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/supan-detailing-services-inc-brea-ca