PPP Loan Data — J.a.s. Design-Build, Inc, Seattle, WA
J.a.s. Design-Build, Inc is a subchapter s corporation located at 3540 Wallingford Ave in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $1,619,800.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least 98 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:KeyBank National Association
J.a.s. Design-Build, Inc in Seattle, WA received a Paycheck Protection Loan of $1.62M through KeyBank National Association, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, J.a.s. Design-Build, Inc's 2019 payroll expenses are estimated to be at least $7.78M.
Based on their reported 98 jobs retained, this equals an estimated average yearly compensation of $79,337 per employee1
Reported PPP Proceed Usage:
On the PPP application, J.a.s. Design-Build, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,619,800
Business Information - J.a.s. Design-Build, Inc in Seattle, WA
3540 Wallingford Ave
Seattle, WA 98103
NAICS code 541310
Business Owner Demographics
Gender: Female Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Seattle
In the Seattle area, 82 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 98) and received an average PPP loan of $290,342 (compared to this company's $1.62M).
Similar Nearby Businesses Who Received PPP Funding:
Tom Kuniholm Architects
Twist Design Inc
Scale Design NW, LLC
E Workshop Inc
Scharrer Architecture And Design PLLC
Murphy Varey P.s
Industry PPP Comparison Statistics
Nationwide, 29,037 businesses in the "Architectural Services" industry received a total of $3.76B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 8 employees, 92% lower than J.a.s. Design-Build, Inc's reported 98 employees, and received an average PPP loan of $129,489, 92% lower than this company's loan of $1.62M.
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Footnotes & Information
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