PPP Loan Data — TOD C. Anderson DDS Inc, Aptos, CA
TOD C. Anderson DDS Inc is a subchapter s corporation located at 9520 Soquel Drive in Aptos, California that received a Coronavirus-related PPP loan from the SBA of $46,672.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Santa Cruz County Bank
TOD C. Anderson DDS Inc in Aptos, CA received a Paycheck Protection Loan of $46,672 through Santa Cruz County 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, TOD C. Anderson DDS Inc's 2019 payroll expenses are estimated to be at least $224,026.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,805 per employee1
Reported PPP Proceed Usage:
On the PPP application, TOD C. Anderson DDS Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,672
Business Information - TOD C. Anderson DDS Inc in Aptos, CA
9520 Soquel Drive
Aptos, CA 95003
Offices of Dentists
NAICS code 621210
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Aptos
In the Aptos area, 23 businesses in the "Offices of Dentists" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 5) and received an average PPP loan of $61,389 (compared to this company's $46,672).
Similar Nearby Businesses Who Received PPP Funding:
ALI Heidari DDS. And Ramin Moradi D.d
Strong Dental Studio
Allyson S. Drew, DDS
Reinhardt-Stephenson Dental Corporation
Dr Marylinn Reinhardt-Stephenson, DDS
Industry PPP Comparison Statistics
Nationwide, 173,521 businesses in the "Offices of Dentists" industry received a total of $14B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 8 employees, 60% higher than TOD C. Anderson DDS Inc's reported 5 employees, and received an average PPP loan of $80,703, 73% higher than this company's loan of $46,672.
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Footnotes & Information
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