FederalPay.org
PPP Loan Data — DES Architects + Engineers Inc,
Redwood City, CA
DES Architects + Engineers Inc
Entity: Corporation
Industry: Architectural Services
Location: Redwood City, CA
Tweet This
•
Search All PPP Data
DES Architects + Engineers Inc is a corporation located at 399 Bradford St in Redwood City, California that received a Coronavirus-related PPP loan from the SBA of $3,208,602.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-27Lender:
TECHNOLOGY CUDES Architects + Engineers Inc received a Paycheck Protection Loan of $3.21M through TECHNOLOGY CU, which was approved in April, 2020.
Based on standard PPP eligibility rules, DES Architects + Engineers Inc's total 2019 payroll expenses were approximately $15.4M in order to qualify for the PPP loan amount received.
Unlike most businesses, DES Architects + Engineers 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 - DES Architects + Engineers Inc in Redwood City, CA
399 Bradford St
Redwood City, CA 94063
Business Industry
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-14Similar Companies near Redwood City
In the Redwood City area, 13 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 0) and received an average PPP loan of $389,631 (compared to this company's $3.21M).
Similar Nearby Businesses Who Received PPP Funding:
Barker Wagoner Architects
Redwood City, CA
The Kastrop Group, Inc.
Redwood City, CA
HRH Architecture
Redwood City, CA
James Neubert Architect
Redwood City, CA
Jonathan Jang, Architect, Inc
Redwood City, CA
Midglen Studio Associates
Woodside, CA
Hayes Group Architects, Inc.
Redwood City, CA
Boxleaf Design, Inc.
Redwood City, CA
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, and received an average PPP loan of $149,750, 95% lower than this company's loan of $3.21M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!