PPP Loan Data — New Engen, Inc., Seattle, WA
New Engen, Inc. is a corporation located at 2401 4th Ave in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $3,776,525.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:SILICON VALLEY BANK
New Engen, Inc. received a Paycheck Protection Loan of $3.78M through SILICON VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, New Engen, Inc.'s total 2019 payroll expenses were approximately $18.13M in order to qualify for the PPP loan amount received.
Unlike most businesses, New Engen, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - New Engen, Inc. in Seattle, WA
2401 4th Ave
Seattle, WA 98121
Advertising Agencies (NAICS code 541810)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-07
Similar Companies near Seattle
In the Seattle area, 17 businesses in the "Advertising Agencies" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 0) and received an average PPP loan of $411,536 (compared to this company's $3.78M).
Similar Nearby Businesses Who Received PPP Funding:
Eye-To-Eye Marketing, Inc.
Heffner Management Inc
Tailors And Spies LLC
Wild Gravity, LLC
Story Worldwide LLC
Industry PPP Comparison Statistics
Nationwide, 11,928 businesses in the "Advertising Agencies" industry received a total of $1,505,946,886.00 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 8 employees, and received an average PPP loan of $126,253, 97% lower than this company's loan of $3.78M.
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Footnotes & Information
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