PPP Loan Data — Venus Laboratories, Inc., Cypress, CA
Venus Laboratories, Inc. is a subchapter s corporation located at 11150 Hope Street in Cypress, California that received a Coronavirus-related PPP loan from the SBA of $3,079,213.00 in April, 2020.
$ PPP Loan Information
Lender:THE HUNTINGTON NATIONAL BANK
Venus Laboratories, Inc. in Cypress, CA received a Paycheck Protection Loan of $3.08M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Venus Laboratories, Inc.'s total 2019 payroll expenses were approximately $14.78M in order to qualify for the PPP loan amount received.
Based on their reported 238 jobs retained, this equals an estimated average yearly compensation of $62,102 per employee1.
Business Information - Venus Laboratories, Inc. in Cypress, CA
11150 Hope Street
Cypress, CA 90630
Soap and Other Detergent Manufacturing (NAICS code 325611)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-47
Industry PPP Comparison Statistics
Nationwide, 571 businesses in the "Soap and Other Detergent Manufacturing" industry received a total of $125,586,658.00 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 17 employees, 93% lower than Venus Laboratories, Inc.'s reported 238 employees, and received an average PPP loan of $219,942, 93% lower than this company's loan of $3.08M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!