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PPP Loan Data — Astronova, Inc., West Warwick, RI

SBA PPP loan data, payroll data, and salaries for Astronova, Inc.

Astronova, Inc.

Entity: Corporation

Industry: Computer Terminal and Other Computer Peripheral Equipment Manufacturing

Location: West Warwick, RI

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Astronova, Inc. is a corporation located at 600 East Greenwich Ave in West Warwick, Rhode Island that received a Coronavirus-related PPP loan from the SBA of $4,422,000.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 248 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Astronova, Inc. received a Paycheck Protection Loan of $4.42M through GREENWOOD CU, which was approved in April, 2020.

Based on standard PPP eligibility rules, Astronova, Inc.'s total 2019 payroll expenses were approximately $21.23M in order to qualify for the PPP loan amount received.

Based on their reported 248 jobs retained, this equals an estimated average yearly compensation of $85,587 per employee1.

Because the loan received by Astronova, 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 - Astronova, Inc. in West Warwick, RI

Astronova, Inc.
600 East Greenwich Ave
West Warwick, RI 2893

Business Industry

Computer Terminal and Other Computer Peripheral Equipment Manufacturing (NAICS code 334118)

Business Owner Demographics

Race / Ethnicity: WHITE


Veteran Status: NON-VETERAN

Congressional District: RI-02

Industry PPP Comparison Statistics

Nationwide, 461 businesses in the "Computer Terminal and Other Computer Peripheral Equipment Manufacturing" industry received a total of $116,665,929.00 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 15 employees, 94% lower than Astronova, Inc.'s reported 248 employees, and received an average PPP loan of $253,071, 94% lower than this company's loan of $4.42M.

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.

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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 - The Civil Employee's Resource **