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PPP Loan Data — Ware Disposal Inc, Santa Ana, CA

SBA PPP loan data, payroll data, and salaries for Ware Disposal Inc
CA

Ware Disposal Inc

Entity: Corporation

Industry: Solid Waste Collection

Location: Santa Ana, CA

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Ware Disposal Inc is a corporation located at 1035 E. 4th. Street in Santa Ana, California that received a Coronavirus-related PPP loan from the SBA of $2,983,135.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 159 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.98M

Jobs Retained:

159

Loan Approved:

2020-04-29

Lender:

BANK OF THE WEST

Ware Disposal Inc in Santa Ana, CA received a Paycheck Protection Loan of $2.98M through BANK OF THE WEST, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ware Disposal Inc's total 2019 payroll expenses were approximately $14.32M in order to qualify for the PPP loan amount received.

Based on their reported 159 jobs retained, this equals an estimated average yearly compensation of $90,057 per employee1.

Because the loan received by Ware Disposal 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 - Ware Disposal Inc in Santa Ana, CA

Ware Disposal Inc
1035 E. 4th. Street
Santa Ana, CA 92701

Business Industry

Solid Waste Collection (NAICS code 562111)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: CA-46

Similar Companies near Santa Ana

In the Santa Ana area, 2 businesses in the "Solid Waste Collection" industry received a PPP loan. These local businesses reported an average of 94 employees (compared to this company's 159) and received an average PPP loan of $1,654,625 (compared to this company's $2.98M).

Similar Nearby Businesses Who Received PPP Funding:

Madison Materials Inc.
Santa Ana, CA

$326,114 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 2,503 businesses in the "Solid Waste Collection" industry received a total of $523,743,053.00 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, 89% lower than Ware Disposal Inc's reported 159 employees, and received an average PPP loan of $209,246, 93% lower than this company's loan of $2.98M.

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, 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/ware-disposal-inc-santa-ana-ca