C&C Communications LLC in Federal Way, WA - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — C&C Communications LLC, Federal Way, WA

C&C Communications LLC

Entity: Corporation

Industry:

Location: Federal Way, WA

C&C Communications LLC is a corporation located at 33650 6th Ave S Ste 220 in Federal Way, Washington that received a Coronavirus-related PPP loan from the SBA of $3,135,547.00 in May, 2020.

The company has reported itself as a male owned business, and employed at least 370 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.14M

Jobs Retained:

370

Loan Approved:

2020-05-01

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

C&C Communications LLC received a Paycheck Protection Loan of $3.14M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, C&C Communications LLC's total 2019 payroll expenses were approximately $15.05M in order to qualify for the PPP loan amount received.

Based on their reported 370 jobs retained, this equals an estimated average yearly compensation of $40,677 per employee¹.

Because the loan received by C&C Communications LLC 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 - C&C Communications LLC in Federal Way, WA

C&C Communications LLC
33650 6th Ave S Ste 220
Federal Way, WA 98003

Business Industry

(NAICS code )

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: WA-09

Industry PPP Comparison Statistics

Nationwide, 5,156,850 businesses in the "" industry received a total of $522,949,858,572.00 in PPP loans. These businesses account for 100% of total PPP applications submitted, and received 100% of the total PPP funding allocated.

PPP recipients in this industry report an average of 10 employees, 97% lower than C&C Communications LLC's reported 370 employees, and received an average PPP loan of $101,409, 97% lower than this company's loan of $3.14M.

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.

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.

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