PPP Loan Data — Whiteside Spraying Service DBA Kenneth J & Pam F, Woodlake, CA
Whiteside Spraying Service DBA Kenneth J & Pam F is a sole proprietorship located at 36001 Millwood Dr in Woodlake, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of the Sierra
Whiteside Spraying Service DBA Kenneth J & Pam F in Woodlake, CA received a Paycheck Protection Loan of $25,000 through Bank of the Sierra, which was approved in May, 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 June, 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, Whiteside Spraying Service DBA Kenneth J & Pam F'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, Whiteside Spraying Service DBA Kenneth J & Pam F reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Whiteside Spraying Service DBA Kenneth J & Pam F in Woodlake, CA
36001 Millwood Dr
Woodlake, CA 93286
Citrus (except Orange) Groves
NAICS code 111320
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 275 businesses in the "Citrus (except Orange) Groves" industry received a total of $19.1M 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 11 employees, 267% higher than Whiteside Spraying Service DBA Kenneth J & Pam F's reported 3 employees, and received an average PPP loan of $69,460, 178% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!