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PPP Loan Data — Teri Inc, Oceanside, CA

SBA PPP loan data, payroll data, and salaries for Teri Inc
CA Nonprofit Organization

Teri Inc

Entity: Non-profit Organization

Industry: Services for the Elderly and Persons with Disabilities

Location: Oceanside, CA

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Teri Inc is a non-profit organization located at 251 Airport Rd in Oceanside, California that received a Coronavirus-related PPP loan from the SBA of $3,052,900.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Teri Inc in Oceanside, CA received a Paycheck Protection Loan of $3.05M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.

Based on standard PPP eligibility rules, Teri Inc's total 2019 payroll expenses were approximately $14.65M in order to qualify for the PPP loan amount received.

Based on their reported 460 jobs retained, this equals an estimated average yearly compensation of $31,856 per employee1.

Because the loan received by Teri Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Teri Inc in Oceanside, CA

Teri Inc
251 Airport Rd
Oceanside, CA 92058

Business Industry

Services for the Elderly and Persons with Disabilities (NAICS code 624120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-49

Similar Companies near Oceanside

In the Oceanside area, 2 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 240 employees (compared to this company's 460) and received an average PPP loan of $1,555,459 (compared to this company's $3.05M).

Similar Nearby Businesses Who Received PPP Funding:

Oceanside Ivey Ranch Park Association
Oceanside, CA

$58,017 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 7,046 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $1,535,554,395.00 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, 93% lower than Teri Inc's reported 460 employees, and received an average PPP loan of $217,933, 93% lower than this company's loan of $3.05M.

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, and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. 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 - The Civil Employee's Resource **