PPP Loan Data — NVE, Inc., Herndon, VA
NVE, Inc. is a corporation located at 455 Springprk Place in Herndon, Virginia that received a Coronavirus-related PPP loan from the SBA of $5,017,500.00 in April, 2020.
The company has reported itself as an Asian female owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
NVE, Inc. in Herndon, VA received a Paycheck Protection Loan of $5.02M through ESSEX BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, NVE, Inc.'s total 2019 payroll expenses were approximately $24.08M in order to qualify for the PPP loan amount received.
Unlike most businesses, NVE, 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 - NVE, Inc. in Herndon, VA
455 Springprk Place
Herndon, VA 20170
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: FEMALE OWNED
Veteran Status: UnreportedCongressional District: VA-10
Similar Companies near Herndon
In the Herndon area, 31 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 0) and received an average PPP loan of $773,497 (compared to this company's $5.02M).
Similar Nearby Businesses Who Received PPP Funding:
Bayonne Technologies LLC
SG Tech LLC
Returnzero Limited Liability Company
The Plan Source
Dr. Sauer & Partners Corporation
KTA Group Inc
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, and received an average PPP loan of $249,856, 95% lower than this company's loan of $5.02M.
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Footnotes & Information
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