PPP Loan Data — Veritas Anesthesia, A Professional Nursing Corporation, Bakersfield, CA
Veritas Anesthesia, A Professional Nursing Corporation
Entity: Subchapter S Corporation
Location: Bakersfield, CATweet This • Search All PPP Data
Veritas Anesthesia, A Professional Nursing Corporation is a subchapter s corporation located at 12523 Stemple Dr in Bakersfield, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Veritas Anesthesia, A Professional Nursing Corporation in Bakersfield, CA received a Paycheck Protection Loan of $25,000 through Mission 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 January, 2021.
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, Veritas Anesthesia, A Professional Nursing Corporation's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Veritas Anesthesia, A Professional Nursing Corporation reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Veritas Anesthesia, A Professional Nursing Corporation in Bakersfield, CA
12523 Stemple Dr
Bakersfield, CA 93312
Offices of All Other Miscellaneous Health Practitioners
NAICS code 621399
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Bakersfield
In the Bakersfield area, 32 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $40,363 (compared to this company's $25,000).
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Industry PPP Comparison Statistics
Nationwide, 64,105 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $2.47B 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 5 employees, 67% higher than Veritas Anesthesia, A Professional Nursing Corporation's reported 3 employees, and received an average PPP loan of $38,577, 54% higher than this company's loan of $25,000.
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