PPP Loan Data — Noble Aerospace, LLC, Santa Ana, CA
Noble Aerospace, LLC is a limited liability company (LLC) located at 2158 Hathaway St in Santa Ana, California that received a Coronavirus-related PPP loan from the SBA of $5,854,200.00 in April, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
Noble Aerospace, LLC received a Paycheck Protection Loan of $5.85M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Noble Aerospace, LLC's total 2019 payroll expenses were approximately $28.1M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $56,200 per employee1.
Business Information - Noble Aerospace, LLC in Santa Ana, CA
2158 Hathaway St
Santa Ana, CA 92705
Aircraft Manufacturing (NAICS code 336411)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-46
Similar Companies near Santa Ana
In the Santa Ana area, 2 businesses in the "Aircraft Manufacturing" industry received a PPP loan. These local businesses reported an average of 250 employees (compared to this company's 500) and received an average PPP loan of $2,969,736 (compared to this company's $5.85M).
Similar Nearby Businesses Who Received PPP Funding:
Danvo Machining Company
Santa Ana, CA
Industry PPP Comparison Statistics
Nationwide, 433 businesses in the "Aircraft Manufacturing" industry received a total of $144,828,076.00 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 22 employees, 96% lower than Noble Aerospace, LLC's reported 500 employees, and received an average PPP loan of $334,476, 94% lower than this company's loan of $5.85M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
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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