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PPP Loan Data — Eagle Creek Software Services,
Eden Prairie, MN
Eagle Creek Software Services
Entity: Subchapter S Corporation
Industry: Computer Systems Design Services
Location: Eden Prairie, MN
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Eagle Creek Software Services is a subchapter s corporation located at 10050 Crosstown Cir in Eden Prairie, Minnesota that received a Coronavirus-related PPP loan from the SBA of $4,854,400.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-09Lender:
ASSOCIATED BANK, NATIONAL ASSOCIATIONEagle Creek Software Services received a Paycheck Protection Loan of $4.85M through ASSOCIATED BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Eagle Creek Software Services' total 2019 payroll expenses were approximately $23.3M in order to qualify for the PPP loan amount received.
Unlike most businesses, Eagle Creek Software Services' 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 - Eagle Creek Software Services in Eden Prairie, MN
10050 Crosstown Cir
Eden Prairie, MN 55344
Business Industry
Computer Systems Design Services (NAICS code 541512)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MN-03Similar Companies near Eden Prairie
In the Eden Prairie area, 14 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 0) and received an average PPP loan of $645,247 (compared to this company's $4.85M).
Similar Nearby Businesses Who Received PPP Funding:
Department Q LLC
Eden Prairie, MN
Northwing Digital LLC
Hopkins, MN
Frank Mckinney Group LLC
Minnetonka, MN
Kensoft LLC
Eden Prairie, MN
Ivdesk Minnesota, Inc
Minnetonka, MN
Geeklogic Consulting LLC
Excelsior, MN
Demand Chain Systems Inc
Eden Prairie, MN
Uptime Legal Systems, LLC
Eden Prairie, MN
Industry PPP Comparison Statistics
Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, and received an average PPP loan of $181,408, 96% lower than this company's loan of $4.85M.
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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