PPP Loan Data — Iboss, Inc., Boston, MA
Iboss, Inc. is a corporation located at 101 Federal Street in Boston, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,889,057.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Iboss, Inc. in Boston, MA received a Paycheck Protection Loan of $2.89M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Iboss, Inc.'s total 2019 payroll expenses were approximately $13.87M in order to qualify for the PPP loan amount received.
Based on their reported 204 jobs retained, this equals an estimated average yearly compensation of $67,978 per employee1.
Business Information - Iboss, Inc. in Boston, MA
101 Federal Street
Boston, MA 2110
Software Publishers (NAICS code 511210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-08
Similar Companies near Boston
In the Boston area, 27 businesses in the "Software Publishers" industry received a PPP loan. These local businesses reported an average of 28 employees (compared to this company's 204) and received an average PPP loan of $529,969 (compared to this company's $2.89M).
Similar Nearby Businesses Who Received PPP Funding:
New Frontier Management Company, LLC
Indico Data Solutions, Inc.
Ascent Technology, Inc.
Circle Internet Financial, Inc.
Industry PPP Comparison Statistics
Nationwide, 8,232 businesses in the "Software Publishers" industry received a total of $2,105,805,320.00 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 13 employees, 94% lower than Iboss, Inc.'s reported 204 employees, and received an average PPP loan of $255,807, 91% lower than this company's loan of $2.89M.
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Footnotes & Information
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