PPP Loan Data — Marathon Ts, Inc., Sterling, VA
Marathon Ts, Inc. is a corporation located at 21145 Whitfield Place, Suite 106 in Sterling, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,517,200.00 in April, 2020.
$ PPP Loan Information
Lender:ATLANTIC UNION BANK
Marathon Ts, Inc. received a Paycheck Protection Loan of $2.52M through ATLANTIC UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Marathon Ts, Inc.'s total 2019 payroll expenses were approximately $12.08M in order to qualify for the PPP loan amount received.
Based on their reported 188 jobs retained, this equals an estimated average yearly compensation of $64,269 per employee1.
Business Information - Marathon Ts, Inc. in Sterling, VA
21145 Whitfield Place, Suite 106
Sterling, VA 20165
Other Computer Related Services (NAICS code 541519)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-10
Similar Companies near Sterling
In the Sterling area, 25 businesses in the "Other Computer Related Services" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 188) and received an average PPP loan of $571,579 (compared to this company's $2.52M).
Similar Nearby Businesses Who Received PPP Funding:
Eyedea Advertising & Design Studio
TJ Westlake, LLC
Cynet Systems Inc
One Stop Computer Services, LLC
Industry PPP Comparison Statistics
Nationwide, 12,205 businesses in the "Other Computer Related Services" industry received a total of $2,142,018,033.00 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 10 employees, 95% lower than Marathon Ts, Inc.'s reported 188 employees, and received an average PPP loan of $175,503, 93% lower than this company's loan of $2.52M.
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Footnotes & Information
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