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PPP Loan Data — Isoftstone, Inc, Kirkland, WA

SBA PPP loan data, payroll data, and salaries for Isoftstone, Inc

Isoftstone, Inc

Entity: Corporation

Industry: Custom Computer Programming Services

Location: Kirkland, WA

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Isoftstone, Inc is a corporation located at 5808 Lake Washington Blvd, Ne, Suite 201 in Kirkland, Washington that received a Coronavirus-related PPP loan from the SBA of $2,552,554.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least 133 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Isoftstone, Inc in Kirkland, WA received a Paycheck Protection Loan of $2.55M through EAST WEST BANK, which was approved in April, 2020.

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

Based on their reported 133 jobs retained, this equals an estimated average yearly compensation of $92,122 per employee1.

Because the loan received by Isoftstone, 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 - Isoftstone, Inc in Kirkland, WA

Isoftstone, Inc
5808 Lake Washington Blvd, Ne, Suite 201
Kirkland, WA 98033

Business Industry

Custom Computer Programming Services (NAICS code 541511)

Business Owner Demographics

Race / Ethnicity: Unreported


Veteran Status: NON-VETERAN

Congressional District: WA-01

Similar Companies near Kirkland

In the Kirkland area, 29 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 133) and received an average PPP loan of $377,255 (compared to this company's $2.55M).

Industry PPP Comparison Statistics

Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 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 11 employees, 92% lower than Isoftstone, Inc's reported 133 employees, and received an average PPP loan of $200,633, 92% 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, 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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