PPP Loan Data — Treats Dog Company Inc, Redding, CA
Treats Dog Company Inc is a corporation located at 1726 Churn Creek Rd in Redding, California that received a Coronavirus-related PPP loan from the SBA of $25,143.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Treats Dog Company Inc in Redding, CA received a Paycheck Protection Loan of $25,143 through Plumas Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in December, 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, Treats Dog Company Inc's 2019 payroll expenses are estimated to be at least $120,686.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,343 per employee1
Reported PPP Proceed Usage:
On the PPP application, Treats Dog Company Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,143
Business Information - Treats Dog Company Inc in Redding, CA
1726 Churn Creek Rd
Redding, CA 96002
Pet and Pet Supplies Stores
NAICS code 453910
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Redding
In the Redding area, 3 businesses in the "Pet and Pet Supplies Stores" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 2) and received an average PPP loan of $14,708 (compared to this company's $25,143).
Similar Nearby Businesses Who Received PPP Funding:
Authentic Sales, LLC
Industry PPP Comparison Statistics
Nationwide, 5,559 businesses in the "Pet and Pet Supplies Stores" industry received a total of $268.67M 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 8 employees, 300% higher than Treats Dog Company Inc's reported 2 employees, and received an average PPP loan of $48,330, 92% higher than this company's loan of $25,143.
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Footnotes & Information
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