PPP Loan Data — United Cerebral Palsy Of The North Bay, Inc, Petaluma, CA
United Cerebral Palsy Of The North Bay, Inc
Location: Petaluma, CATweet This • Search All PPP Data
United Cerebral Palsy Of The North Bay, Inc is a corporation located at 3835 Cypress Dr Suite 103 in Petaluma, California that received a Coronavirus-related PPP loan from the SBA of $2,317,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
United Cerebral Palsy Of The North Bay, Inc in Petaluma, CA received a Paycheck Protection Loan of $2.32M through Poppy 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, United Cerebral Palsy Of The North Bay, Inc's 2019 payroll expenses are estimated to be at least $11.12M.
Based on their reported 464 jobs retained, this equals an estimated average yearly compensation of $23,969 per employee1
Reported PPP Proceed Usage:
On the PPP application, United Cerebral Palsy Of The North Bay, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,317,000
Business Information - United Cerebral Palsy Of The North Bay, Inc in Petaluma, CA
3835 Cypress Dr Suite 103
Petaluma, CA 94954
Services for the Elderly and Persons with Disabilities
NAICS code 624120
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Petaluma
In the Petaluma area, 4 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a PPP loan. These local businesses reported an average of 154 employees (compared to this company's 464) and received an average PPP loan of $779,281 (compared to this company's $2.32M).
Similar Nearby Businesses Who Received PPP Funding:
Giant Steps Therapeutic Equestrian Center
Community Caregivers Of Sonoma
Sequoia Senior Solutions Inc
Industry PPP Comparison Statistics
Nationwide, 13,270 businesses in the "Services for the Elderly and Persons with Disabilities" industry received a total of $2.13B 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 27 employees, 94% lower than United Cerebral Palsy Of The North Bay, Inc's reported 464 employees, and received an average PPP loan of $160,784, 93% lower than this company's loan of $2.32M.
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Footnotes & Information
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