PPP Loan Data — Lokan & Associates, Inc., Tacoma, WA
Lokan & Associates, Inc. is a subchapter s corporation located at 1001 Yakima Ave., Suite 2 in Tacoma, Washington that received a Coronavirus-related PPP loan from the SBA of $3,377,400.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Lokan & Associates, Inc. in Tacoma, WA received a Paycheck Protection Loan of $3.38M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lokan & Associates, Inc.'s total 2019 payroll expenses were approximately $16.21M in order to qualify for the PPP loan amount received.
Based on their reported 442 jobs retained, this equals an estimated average yearly compensation of $36,678 per employee1.
Business Information - Lokan & Associates, Inc. in Tacoma, WA
1001 Yakima Ave., Suite 2
Tacoma, WA 98405
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-06
Industry PPP Comparison Statistics
Nationwide, 7,294 businesses in the "Employment Placement Agencies" industry received a total of $2,648,453,106.00 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 38 employees, 91% lower than Lokan & Associates, Inc.'s reported 442 employees, and received an average PPP loan of $363,100, 89% lower than this company's loan of $3.38M.
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Footnotes & Information
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