PPP Loan Data — Java Productions Inc, Blacksburg, VA
Java Productions Inc is a subchapter s corporation located at 2270 Kraft Dr Ste 1850 in Blacksburg, Virginia that received a Coronavirus-related PPP loan from the SBA of $3,548,381.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Java Productions Inc in Blacksburg, VA received a Paycheck Protection Loan of $3.55M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Java Productions Inc's total 2019 payroll expenses were approximately $17.03M in order to qualify for the PPP loan amount received.
Based on their reported 178 jobs retained, this equals an estimated average yearly compensation of $95,687 per employee1.
Business Information - Java Productions Inc in Blacksburg, VA
2270 Kraft Dr Ste 1850
Blacksburg, VA 24060
Computer Systems Design Services (NAICS code 541512)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-09
Similar Companies near Blacksburg
In the Blacksburg area, 7 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 178) and received an average PPP loan of $519,875 (compared to this company's $3.55M).
Similar Nearby Businesses Who Received PPP Funding:
ARC Digital Solutions & Consultancy Inc
Interactive Design And Development Incorporated
Dogwood Logic, LLC
Stephen C. Ayers
Gentoo Technologies LLC
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, 94% lower than Java Productions Inc's reported 178 employees, and received an average PPP loan of $181,408, 95% lower than this company's loan of $3.55M.
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