PPP Loan Data — Barghausen Consulting Engineers Inc., Kent, WA
Barghausen Consulting Engineers Inc. is a corporation located at 18215 72nd Avenue South in Kent, Washington that received a Coronavirus-related PPP loan from the SBA of $3,315,821.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 175 people during the applicable loan loan period.
$ PPP Loan Information
Lender:WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION
Barghausen Consulting Engineers Inc. received a Paycheck Protection Loan of $3.32M through WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Barghausen Consulting Engineers Inc.'s total 2019 payroll expenses were approximately $15.92M in order to qualify for the PPP loan amount received.
Based on their reported 175 jobs retained, this equals an estimated average yearly compensation of $90,948 per employee1.
Business Information - Barghausen Consulting Engineers Inc. in Kent, WA
18215 72nd Avenue South
Kent, WA 98032
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: VETERANCongressional District: WA-09
Similar Companies near Kent
In the Kent area, 19 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 36 employees (compared to this company's 175) and received an average PPP loan of $653,755 (compared to this company's $3.32M).
Similar Nearby Businesses Who Received PPP Funding:
Associated Earth Sciences, Inc.
Geomorphic Solutions LLC
JH Marine LLC
1 Sigmi LLC
Systima Technologies Inc
Brienen Structural Engineers P S
SDI Engineering Inc
RB Engineers Inc
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, 92% lower than Barghausen Consulting Engineers Inc.'s reported 175 employees, and received an average PPP loan of $249,856, 92% lower than this company's loan of $3.32M.
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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