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PPP Loan Data — Various, Inc., Campbell, CA

SBA PPP loan data, payroll data, and salaries for Various, Inc.
CA

Various, Inc.

Entity: Corporation

Industry: Internet Publishing and Broadcasting and Web Search Portals

Location: Campbell, CA

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Various, Inc. is a corporation located at 910 East Hamilton Avenue in Campbell, California that received a Coronavirus-related PPP loan from the SBA of $2,818,613.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$2.82M

Jobs Retained:

152

Loan Approved:

2020-05-19

Lender:

AMERICAN EXPRESS NATIONAL BANK

Various, Inc. received a Paycheck Protection Loan of $2.82M through AMERICAN EXPRESS NATIONAL BANK, which was approved in May, 2020.

Based on standard PPP eligibility rules, Various, Inc.'s total 2019 payroll expenses were approximately $13.53M in order to qualify for the PPP loan amount received.

Based on their reported 152 jobs retained, this equals an estimated average yearly compensation of $89,009 per employee1.

Because the loan received by Various, 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 - Various, Inc. in Campbell, CA

Various, Inc.
910 East Hamilton Avenue
Campbell, CA 95008

Business Industry

Internet Publishing and Broadcasting and Web Search Portals (NAICS code 519130)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-18

Similar Companies near Campbell

In the Campbell area, 2 businesses in the "Internet Publishing and Broadcasting and Web Search Portals" industry received a PPP loan. These local businesses reported an average of 76 employees (compared to this company's 152) and received an average PPP loan of $1,413,908 (compared to this company's $2.82M).

Similar Nearby Businesses Who Received PPP Funding:

Crystalgraphics Inc
Campbell, CA

$9,203 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 3,039 businesses in the "Internet Publishing and Broadcasting and Web Search Portals" industry received a total of $418,947,833.00 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 8 employees, 95% lower than Various, Inc.'s reported 152 employees, and received an average PPP loan of $137,857, 95% lower than this company's loan of $2.82M.

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.

Search FederalPay's Full PPP Loan Database

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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/various-inc-campbell-ca