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PPP Loan Data — North American Video Corporation, Fullerton, CA

SBA PPP loan data, payroll data, and salaries for North American Video Corporation

North American Video Corporation

Entity: Corporation

Industry: Security Systems Services (except Locksmiths)

Location: Fullerton, CA

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North American Video Corporation is a corporation located at 1335 S. Acacia Ave in Fullerton, California that received a Coronavirus-related PPP loan from the SBA of $2,549,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




North American Video Corporation in Fullerton, CA received a Paycheck Protection Loan of $2.55M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, North American Video Corporation's total 2019 payroll expenses were approximately $12.24M in order to qualify for the PPP loan amount received.

Based on their reported 163 jobs retained, this equals an estimated average yearly compensation of $75,077 per employee1.

Because the loan received by North American Video Corporation is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - North American Video Corporation in Fullerton, CA

North American Video Corporation
1335 S. Acacia Ave
Fullerton, CA 92831

Business Industry

Security Systems Services (except Locksmiths) (NAICS code 561621)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-39

Similar Companies near Fullerton

In the Fullerton area, 3 businesses in the "Security Systems Services (except Locksmiths)" industry received a PPP loan. These local businesses reported an average of 58 employees (compared to this company's 163) and received an average PPP loan of $874,185 (compared to this company's $2.55M).

Industry PPP Comparison Statistics

Nationwide, 5,289 businesses in the "Security Systems Services (except Locksmiths)" industry received a total of $839,803,057.00 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 14 employees, 91% lower than North American Video Corporation's reported 163 employees, and received an average PPP loan of $158,783, 94% lower than this company's loan of $2.55M.

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, and is published unmodified, as provided by the SBA.

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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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** This Document Provided By - The Civil Employee's Resource **