PPP Loan Data — Alta Planning + Design, Inc., Portland, OR
Alta Planning + Design, Inc. is a corporation located at 711 Se Grand Ave in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $3,000,000.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF THE WEST
Alta Planning + Design, Inc. received a Paycheck Protection Loan of $3M through BANK OF THE WEST, which was approved in May, 2020.
Based on standard PPP eligibility rules, Alta Planning + Design, Inc.'s total 2019 payroll expenses were approximately $14.4M in order to qualify for the PPP loan amount received.
Based on their reported 196 jobs retained, this equals an estimated average yearly compensation of $73,469 per employee1.
Business Information - Alta Planning + Design, Inc. in Portland, OR
711 Se Grand Ave
Portland, OR 97214
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-03
Similar Companies near Portland
In the Portland area, 36 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 196) and received an average PPP loan of $204,603 (compared to this company's $3M).
Similar Nearby Businesses Who Received PPP Funding:
Thesis Studio LLC
Harka Architecture, LLC
Michael Flowers Architect, Inc.
Propel Studio Architecture, Inc.
Joseph Bashaw Architecture
Sora Design Group, LLC
Works Partnership Architecture
Anderson Dabrowski Architects, LLC
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, 96% lower than Alta Planning + Design, Inc.'s reported 196 employees, and received an average PPP loan of $149,750, 95% lower than this company's loan of $3M.
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.
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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