PPP Loan Data — Netpolarity, Inc., Campbell, CA
Netpolarity, Inc. is a subchapter s corporation located at 900 E Campbell Ave in Campbell, California that received a Coronavirus-related PPP loan from the SBA of $3,090,400.00 in April, 2020.
$ PPP Loan Information
Netpolarity, Inc. in Campbell, CA received a Paycheck Protection Loan of $3.09M through CITIBANK, N.A., which was approved in April, 2020.
Based on standard PPP eligibility rules, Netpolarity, Inc.'s total 2019 payroll expenses were approximately $14.83M in order to qualify for the PPP loan amount received.
Based on their reported 150 jobs retained, this equals an estimated average yearly compensation of $98,893 per employee1.
Business Information - Netpolarity, Inc. in Campbell, CA
900 E Campbell Ave
Campbell, CA 95008
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-18
Similar Companies near Campbell
In the Campbell area, 3 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 52 employees (compared to this company's 150) and received an average PPP loan of $1,083,656 (compared to this company's $3.09M).
Similar Nearby Businesses Who Received PPP Funding:
Online Technical Services
Pace & Jacobs LLC
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, 75% lower than Netpolarity, Inc.'s reported 150 employees, and received an average PPP loan of $363,100, 88% lower than this company's loan of $3.09M.
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Footnotes & Information
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