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PPP Loan Data — William Kim, Irvine, CA

SBA PPP loan data, payroll data, and salaries for William Kim
CA

William Kim

Entity: Sole Proprietorship

Industry: All Other Professional, Scientific, and Technical Services

Location: Irvine, CA

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William Kim is a sole proprietorship located in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $2,150.00 in March, 2021.

$ PPP Loan Information
Loan #1881528607

Loan Size:

$2,150

Jobs Retained:

1

Loan Approved:

2021-03-13

Loan Status:

Paid in Full or Forgiven

Lender:

JPMorgan Chase Bank, National Association

William Kim in Irvine, CA received a Paycheck Protection Loan of $2,150 through JPMorgan Chase Bank, National Association, which was approved in March, 2021.

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 November, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, William Kim reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,150

Business Information - William Kim in Irvine, CA

William Kim
Irvine, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Urban

Orange County, CA — SBA Office 0920 — Congressional District: CA-45

Businesses Using Same Address:

There is one other business that received a PPP loan registered to the same address as William Kim.

William Kim DBA Aclarity Writing Solutions
Unknown

$6,250 PPP Loan

Similar Companies near Irvine

In the Irvine area, 52 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 1) and received an average PPP loan of $391,229 (compared to this company's $2,150).

Industry PPP Comparison Statistics

Nationwide, 128,282 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.38B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, 400% higher than William Kim's reported 1 employees, and received an average PPP loan of $57,492, 2574% higher than this company's loan of $2,150.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. 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/william-kim-irvine-ca