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PPP Loan Data — ZO Skin Health, Inc., Irvine, CA

SBA PPP loan data, payroll data, and salaries for ZO Skin Health, Inc.
CA

ZO Skin Health, Inc.

Entity: Corporation

Industry: Toilet Preparation Manufacturing

Location: Irvine, CA

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ZO Skin Health, Inc. is a corporation located at 9685 Research Drive in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $3,435,056.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.44M

Jobs Retained:

205

Loan Approved:

2020-04-30

Lender:

BANK OF THE WEST

ZO Skin Health, Inc. in Irvine, CA received a Paycheck Protection Loan of $3.44M through BANK OF THE WEST, which was approved in April, 2020.

Based on standard PPP eligibility rules, ZO Skin Health, Inc.'s total 2019 payroll expenses were approximately $16.49M in order to qualify for the PPP loan amount received.

Based on their reported 205 jobs retained, this equals an estimated average yearly compensation of $80,431 per employee1.

Because the loan received by ZO Skin Health, 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 - ZO Skin Health, Inc. in Irvine, CA

ZO Skin Health, Inc.
9685 Research Drive
Irvine, CA 92618

Business Industry

Toilet Preparation Manufacturing (NAICS code 325620)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-45

Similar Companies near Irvine

In the Irvine area, 4 businesses in the "Toilet Preparation Manufacturing" industry received a PPP loan. These local businesses reported an average of 77 employees (compared to this company's 205) and received an average PPP loan of $1,261,746 (compared to this company's $3.44M).

Industry PPP Comparison Statistics

Nationwide, 771 businesses in the "Toilet Preparation Manufacturing" industry received a total of $246,227,574.00 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 25 employees, 88% lower than ZO Skin Health, Inc.'s reported 205 employees, and received an average PPP loan of $319,361, 91% lower than this company's loan of $3.44M.

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.

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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/zo-skin-health-inc-irvine-ca