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

PPP Loan Data — ASI Computer Technologies Inc, Fremont, CA

SBA PPP loan data, payroll data, and salaries for ASI Computer Technologies Inc
CA

ASI Computer Technologies Inc

Entity: Corporation

Industry: Computer and Computer Peripheral Equipment and Software Merchant Wholesalers

Location: Fremont, CA

Search All PPP Data

ASI Computer Technologies Inc is a corporation located at 48289 Fremont Blvd in Fremont, California that received a Coronavirus-related PPP loan from the SBA of $3,771,450.00 in May, 2020.

The company has reported itself as a male owned business, and employed at least 270 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.77M

Jobs Retained:

270

Loan Approved:

2020-05-01

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

ASI Computer Technologies Inc in Fremont, CA received a Paycheck Protection Loan of $3.77M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, ASI Computer Technologies Inc's total 2019 payroll expenses were approximately $18.1M in order to qualify for the PPP loan amount received.

Based on their reported 270 jobs retained, this equals an estimated average yearly compensation of $67,048 per employee1.

Because the loan received by ASI Computer Technologies 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 - ASI Computer Technologies Inc in Fremont, CA

ASI Computer Technologies Inc
48289 Fremont Blvd
Fremont, CA 94538

Business Industry

Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (NAICS code 423430)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: CA-17

Similar Companies near Fremont

In the Fremont area, 29 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 270) and received an average PPP loan of $579,554 (compared to this company's $3.77M).

Industry PPP Comparison Statistics

Nationwide, 2,714 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a total of $530,433,905.00 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 12 employees, 96% lower than ASI Computer Technologies Inc's reported 270 employees, and received an average PPP loan of $195,444, 95% lower than this company's loan of $3.77M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/asi-computer-technologies-inc-fremont-ca