PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — World Amenities Inc, San Diego, CA

ALERT: There are 2 PPP loans for a total of $160,017 in our database for businesses with the name "World Amenities Inc" in San Diego, CA. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for World Amenities Inc
CA

World Amenities Inc

Entity: Corporation

Industry: Service Establishment Equipment and Supplies Merchant Wholesalers

Location: San Diego, CA

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World Amenities Inc is a corporation located at 8260 Camino Santa Fe Ste A in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $80,000.00 in March, 2021.

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

$ PPP Loan Information
Loan #6194798608

Loan Size:

$80,000

Jobs Retained:

8

Loan Approved:

2021-03-20

Loan Status:

Ongoing Loan

Lender:

MUFG Union Bank, National Association

World Amenities Inc in San Diego, CA received a Paycheck Protection Loan of $80,000 through MUFG Union Bank, National Association, which was approved in March, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA. The loan's status was last updated by the SBA in November, -0001.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, World Amenities Inc's 2019 payroll expenses are estimated to be at least $384,000.

Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $48,000 per employee1

Reported PPP Proceed Usage:

On the PPP application, World Amenities Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $79,996
  • Utilities: $1

Business Information - World Amenities Inc in San Diego, CA

World Amenities Inc
8260 Camino Santa Fe Ste A
San Diego, CA 92121

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

San Diego County, CA — SBA Office 0954 — Congressional District: CA-52

Industry PPP Comparison Statistics

Nationwide, 4,075 businesses in the "Service Establishment Equipment and Supplies Merchant Wholesalers" industry received a total of $422.54M 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 10 employees, 25% higher than World Amenities Inc's reported 8 employees, and received an average PPP loan of $103,692, 30% higher than this company's loan of $80,000.

SBA PPP loan data, payroll data, and salaries for World Amenities, Inc
CA

World Amenities, Inc

Entity: Corporation

Industry: Toilet Preparation Manufacturing

Location: San Diego, CA

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World Amenities, Inc is a corporation located at 8260 Camino Santa Fe in San Diego, California that received a Coronavirus-related PPP loan from the SBA of $80,017.00 in May, 2020.

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

$ PPP Loan Information
Loan #9992747704

Loan Size:

$80,017

Jobs Retained:

13

Loan Approved:

2020-05-01

Loan Status:

Paid in Full or Forgiven

Lender:

MUFG Union Bank, National Association

World Amenities, Inc in San Diego, CA received a Paycheck Protection Loan of $80,017 through MUFG Union Bank, National Association, 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 May, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, World Amenities, Inc's 2019 payroll expenses are estimated to be at least $384,082.

Based on their reported 13 jobs retained, this equals an estimated average yearly compensation of $29,545 per employee1

Reported PPP Proceed Usage:

On the PPP application, World Amenities, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $80,017

Business Information - World Amenities, Inc in San Diego, CA

World Amenities, Inc
8260 Camino Santa Fe
San Diego, CA 92121

Business Industry:
Toilet Preparation Manufacturing
NAICS code 325620

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

San Diego County, CA — SBA Office 0954 — Congressional District: CA-49

Similar Companies near San Diego

In the San Diego area, 4 businesses in the "Toilet Preparation Manufacturing" industry received a PPP loan. These local businesses reported an average of 50 employees (compared to this company's 13) and received an average PPP loan of $745,431 (compared to this company's $80,017).

Industry PPP Comparison Statistics

Nationwide, 1,252 businesses in the "Toilet Preparation Manufacturing" industry received a total of $308.8M 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 23 employees, 77% higher than World Amenities, Inc's reported 13 employees, and received an average PPP loan of $246,649, 208% higher than this company's loan of $80,017.

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.

Search FederalPay's Full PPP Loan Database

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/world-amenities-inc-san-diego-ca