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PPP Loan Data — Atcs Plc,
Herndon, VA
Atcs Plc
Entity: Limited Liability Company (LLC)
Industry: Engineering Services
Location: Herndon, VA
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Atcs Plc is a limited liability company (LLC) located at 13861 Sunrise Valley Drive in Herndon, Virginia that received a Coronavirus-related PPP loan from the SBA of $4,258,251.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-05-01Lender:
WELLS FARGO BANK, NATIONAL ASSOCIATIONAtcs Plc received a Paycheck Protection Loan of $4.26M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Atcs Plc's total 2019 payroll expenses were approximately $20.44M in order to qualify for the PPP loan amount received.
Unlike most businesses, Atcs Plc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Atcs Plc in Herndon, VA
13861 Sunrise Valley Drive
Herndon, VA 20171
Business Industry
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: VA-10Similar Companies near Herndon
In the Herndon area, 31 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 0) and received an average PPP loan of $773,497 (compared to this company's $4.26M).
Similar Nearby Businesses Who Received PPP Funding:
Saiview LLC
Herndon, VA
Bitrelish Corporation
Herndon, VA
Railhead, Inc.
Herndon, VA
Probity, Inc
Herndon, VA
NVE, Inc.
Herndon, VA
Dr. Sauer & Partners Corporation
Herndon, VA
Returnzero Limited Liability Company
Herndon, VA
KTA Group Inc
Herndon, VA
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, and received an average PPP loan of $249,856, 94% lower than this company's loan of $4.26M.
Atcs Plc
Entity: Sole Proprietorship
Industry: Executive Search Services
Location: Herndon, VA
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Atcs Plc is a sole proprietorship located at 13861 Sunrise Valley Drive in Herndon, Virginia that received a Coronavirus-related PPP loan from the SBA of $3,494,900.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 248 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
248Loan Approved:
2020-04-16Lender:
READYCAP LENDING, LLCAtcs Plc received a Paycheck Protection Loan of $3.49M through READYCAP LENDING, LLC, which was approved in April, 2020.
Based on standard PPP eligibility rules, Atcs Plc's total 2019 payroll expenses were approximately $16.78M 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 $67,643 per employee1.
Business Information - Atcs Plc in Herndon, VA
13861 Sunrise Valley Drive
Herndon, VA 20171
Business Industry
Executive Search Services (NAICS code 561312)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: VA-10Similar Companies near Herndon
In the Herndon area, 3 businesses in the "Executive Search Services" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 248) and received an average PPP loan of $1,340,208 (compared to this company's $3.49M).
Similar Nearby Businesses Who Received PPP Funding:
TEK Staffing Inc
Herndon, VA
Distributed Computing System Solutions Provider Inc.
Herndon, VA
Industry PPP Comparison Statistics
Nationwide, 4,499 businesses in the "Executive Search Services" industry received a total of $602,770,500.00 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, 95% lower than Atcs Plc's reported 248 employees, and received an average PPP loan of $133,979, 96% lower than this company's loan of $3.49M.
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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