PPP Loan Data — Crown Consulting Inc., Arlington, VA
Crown Consulting Inc.
Location: Arlington, VATweet This • Search All PPP Data
Crown Consulting Inc. is a corporation located at 1400 Key Blvd in Arlington, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,987,755.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:THE FREEDOM BANK OF VIRGINIA
Crown Consulting Inc. received a Paycheck Protection Loan of $2.99M through THE FREEDOM BANK OF VIRGINIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Crown Consulting Inc.'s total 2019 payroll expenses were approximately $14.34M in order to qualify for the PPP loan amount received.
Unlike most businesses, Crown Consulting Inc.'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 - Crown Consulting Inc. in Arlington, VA
1400 Key Blvd
Arlington, VA 22209
All Other Professional, Scientific, and Technical Services (NAICS code 541990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-08
Similar Companies near Arlington
In the Arlington area, 10 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 0) and received an average PPP loan of $577,646 (compared to this company's $2.99M).
Similar Nearby Businesses Who Received PPP Funding:
APP Like You Know, LLC
Cypress Consult Inc
Knowland Group, LLC
The Moran Companies, LLC
Shipshape It LLC
EMD Strategies, LLC
The Ljs Group
MZ Digital Marketing
Industry PPP Comparison Statistics
Nationwide, 63,722 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $4,746,522,934.00 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 6 employees, and received an average PPP loan of $74,488, 98% lower than this company's loan of $2.99M.
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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