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

PPP Loan Information — ENGINEERED SOLUTIONS GROUP

SBA PPP loan data, payroll data, and salaries for
AK

ENGINEERED SOLUTIONS GROUP

Business Type: Subchapter S Corporation

Industry: Engineering Services

Location: ANCHORAGE, AK

Search PPP Data

ENGINEERED SOLUTIONS GROUP is a subchapter s corporation located in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of at least $2,000,000.00 in April, 2020.

PPP Loan Information

Loan Size:

$2M to $5M
Likely Actual Range:
$2M to $3.29M

Jobs Retained:

158

Loan Approved:

2020-04-10

Lender:

Northrim Bank

ENGINEERED SOLUTIONS GROUP received a Paycheck Protection Loan of between 2M and 5M through Northrim Bank, which was approved in April, 2020.

When accounting for 158 claimed employees and the PPP salary cap of $100k per employee, the actual maximum PPP received by this business is likely $3.29M2.

Based on standard PPP eligibility rules, ENGINEERED SOLUTIONS GROUP's total 2019 payroll expenses were between $9.6M and $15.8M+ in order to qualify for the PPP loan amount received. Based on their reported 158 jobs retained, this equals an estimated average yearly compensation between $60,759 and $100,000+ per employee1.

Because the loan received by ENGINEERED SOLUTIONS GROUP 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 - ENGINEERED SOLUTIONS GROUP in ANCHORAGE, AK

ENGINEERED SOLUTIONS GROUP
3305 Arctic Boulevard, Suite 201
ANCHORAGE, AK 99503

Business Industry

Engineering Services (NAICS code 541330)

Business Owner Demographics

Race / Ethnicity: White

Gender: Female Owned

Veteran Status: Non-Veteran

AK - 00

Similar Nearby Businesses Who Received PPP Funding:

NANA WORLEY, LLC
($5-10 million)
BERING SEA ENVIRONMENTAL, LLC
($2-5 million)
PND ENGINEERS INC
($2-5 million)
CRW ENGINEERING GROUP, LLC
($1-2 million)
HDL ENGINEERING CONSULTANTS, LLC
($1-2 million)


Employee Statistics

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for private companies that received a PPP loan of $150,000 or over. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.


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.

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/38-north-llc-sacramento-ca