California Donuts
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Baking donuts since 1982 — coconut, glazed, crunch, sugar, panda…
Celebrity sighting on August 22, 2021 (Sunday): Kevin Kiley
California Donuts #21, Inc received a Paycheck Protection Loan of $235,275 through OneWest Bank, A Division of, which was approved in April 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.
On the PPP application, California Donuts #21 reported intending to use the proceeds of their PPP loan for the following expenses:
Payroll: $208,657
Utilities: $8,618
Rent: $18,000
Based on their reported 37 jobs retained, this equals an estimated average yearly compensation of $30,522 per employee.
