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PPP Loan Data — Harbor Electronics, Inc., Santa Clara, CA

SBA PPP loan data, payroll data, and salaries for Harbor Electronics, Inc.

Harbor Electronics, Inc.

Entity: Subchapter S Corporation

Industry: Other Electronic Component Manufacturing

Location: Santa Clara, CA

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Harbor Electronics, Inc. is a subchapter s corporation located at 3021 Kenneth St in Santa Clara, California that received a Coronavirus-related PPP loan from the SBA of $2,552,660.00 in May, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Harbor Electronics, Inc. received a Paycheck Protection Loan of $2.55M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Harbor Electronics, Inc.'s total 2019 payroll expenses were approximately $12.25M in order to qualify for the PPP loan amount received.

Based on their reported 169 jobs retained, this equals an estimated average yearly compensation of $72,502 per employee1.

Because the loan received by Harbor Electronics, Inc. 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 - Harbor Electronics, Inc. in Santa Clara, CA

Harbor Electronics, Inc.
3021 Kenneth St
Santa Clara, CA 95054

Business Industry

Other Electronic Component Manufacturing (NAICS code 334419)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-17

Similar Companies near Santa Clara

In the Santa Clara area, 16 businesses in the "Other Electronic Component Manufacturing" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 169) and received an average PPP loan of $497,313 (compared to this company's $2.55M).

Industry PPP Comparison Statistics

Nationwide, 1,514 businesses in the "Other Electronic Component Manufacturing" industry received a total of $388,003,044.00 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 20 employees, 88% lower than Harbor Electronics, Inc.'s reported 169 employees, and received an average PPP loan of $256,277, 90% lower than this company's loan of $2.55M.

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.

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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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** This Document Provided By - The Civil Employee's Resource **