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

PPP Loan Data — Toth And Torossian Dental Partnership, Sherman Oaks, CA

ALERT: There are 2 PPP loans for a total of $130,690 in our database for businesses with the name "Toth And Torossian Dental Partnership" in Sherman Oaks, 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 Toth And Torossian Dental Partnership
CA

Toth And Torossian Dental Partnership

Entity: Partnership

Industry: Offices of Dentists

Location: Sherman Oaks, CA

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Toth And Torossian Dental Partnership is a partnership located at 13367 Ventura Blvd in Sherman Oaks, California that received a Coronavirus-related PPP loan from the SBA of $63,390.00 in February, 2021.

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

$ PPP Loan Information
Loan #3401438409

Loan Size:

$63,390

Jobs Retained:

9

Loan Approved:

2021-02-04

Loan Status:

Ongoing Loan

Lender:

City National Bank

Toth And Torossian Dental Partnership in Sherman Oaks, CA received a Paycheck Protection Loan of $63,390 through City National Bank, which was approved in February, 2021.

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, Toth And Torossian Dental Partnership's 2019 payroll expenses are estimated to be at least $304,272.

Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $33,808 per employee1

Reported PPP Proceed Usage:

On the PPP application, Toth And Torossian Dental Partnership reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $63,387
  • Utilities: $1

Business Information - Toth And Torossian Dental Partnership in Sherman Oaks, CA

Toth And Torossian Dental Partnership
13367 Ventura Blvd
Sherman Oaks, CA 91423

Business Industry:
Offices of Dentists
NAICS code 621210

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Female Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-30

Similar Companies near Sherman Oaks

In the Sherman Oaks area, 37 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 9) and received an average PPP loan of $49,276 (compared to this company's $63,390).

Industry PPP Comparison Statistics

Nationwide, 173,601 businesses in the "Offices of Dentists" industry received a total of $14.01B 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, 11% lower than Toth And Torossian Dental Partnership's reported 9 employees, and received an average PPP loan of $80,698, 27% higher than this company's loan of $63,390.

SBA PPP loan data, payroll data, and salaries for Toth And Torossian Dental Partnership
CA

Toth And Torossian Dental Partnership

Entity: Partnership

Industry: Home Health Care Services

Location: Sherman Oaks, CA

Search All PPP Data

Toth And Torossian Dental Partnership is a partnership located at 13367 Ventura Blvd in Sherman Oaks, California that received a Coronavirus-related PPP loan from the SBA of $67,300.00 in April, 2020.

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

$ PPP Loan Information
Loan #5283437105

Loan Size:

$67,300

Jobs Retained:

8

Loan Approved:

2020-04-13

Loan Status:

Ongoing Loan

Lender:

City National Bank

Toth And Torossian Dental Partnership in Sherman Oaks, CA received a Paycheck Protection Loan of $67,300 through City National Bank, which was approved in April, 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, Toth And Torossian Dental Partnership's 2019 payroll expenses are estimated to be at least $323,040.

Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $40,380 per employee1

Reported PPP Proceed Usage:

On the PPP application, Toth And Torossian Dental Partnership reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $46,890
  • Utilities: $1,015
  • Rent: $17,775
  • Health Care: $1,620

Business Information - Toth And Torossian Dental Partnership in Sherman Oaks, CA

Toth And Torossian Dental Partnership
13367 Ventura Blvd
Sherman Oaks, CA 91423

Business Industry:
Home Health Care Services
NAICS code 621610

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Female Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-30

Similar Companies near Sherman Oaks

In the Sherman Oaks area, 24 businesses in the "Home Health Care Services" industry received a PPP loan. These local businesses reported an average of 49 employees (compared to this company's 8) and received an average PPP loan of $339,507 (compared to this company's $67,300).

Industry PPP Comparison Statistics

Nationwide, 92,694 businesses in the "Home Health Care Services" industry received a total of $7.69B 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 15 employees, 88% higher than Toth And Torossian Dental Partnership's reported 8 employees, and received an average PPP loan of $82,929, 23% higher than this company's loan of $67,300.

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/toth-and-torossian-dental-partnership-sherman-oaks-ca