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PPP Loan Data — Leighton Group, Inc., Irvine, CA

SBA PPP loan data, payroll data, and salaries for Leighton Group, Inc.
CA

Leighton Group, Inc.

Entity: Corporation

Industry: Environmental Consulting Services

Location: Irvine, CA

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Leighton Group, Inc. is a corporation located at 17781 Cowan in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $3,315,750.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.32M

Jobs Retained:

172

Loan Approved:

2020-04-27

Lender:

PACIFIC WESTERN BANK

Leighton Group, Inc. in Irvine, CA received a Paycheck Protection Loan of $3.32M through PACIFIC WESTERN BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Leighton Group, Inc.'s total 2019 payroll expenses were approximately $15.92M in order to qualify for the PPP loan amount received.

Based on their reported 172 jobs retained, this equals an estimated average yearly compensation of $92,533 per employee1.

Because the loan received by Leighton Group, 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 - Leighton Group, Inc. in Irvine, CA

Leighton Group, Inc.
17781 Cowan
Irvine, CA 92614

Business Industry

Environmental Consulting Services (NAICS code 541620)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-45

Similar Companies near Irvine

In the Irvine area, 4 businesses in the "Environmental Consulting Services" industry received a PPP loan. These local businesses reported an average of 44 employees (compared to this company's 172) and received an average PPP loan of $908,797 (compared to this company's $3.32M).

Industry PPP Comparison Statistics

Nationwide, 5,531 businesses in the "Environmental Consulting Services" industry received a total of $781,797,982.00 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 9 employees, 95% lower than Leighton Group, Inc.'s reported 172 employees, and received an average PPP loan of $141,348, 96% lower than this company's loan of $3.32M.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/leighton-group-inc-irvine-ca