PPP Loan Data — Olson Kundig Inc., Seattle, WA
Olson Kundig Inc. is a subchapter s corporation located at 159 S. Jackson Street Unit 600 in Seattle, Washington that received a Coronavirus-related PPP loan from the SBA of $3,540,500.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Olson Kundig Inc. in Seattle, WA received a Paycheck Protection Loan of $3.54M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Olson Kundig Inc.'s total 2019 payroll expenses were approximately $16.99M in order to qualify for the PPP loan amount received.
Based on their reported 185 jobs retained, this equals an estimated average yearly compensation of $91,862 per employee1.
Business Information - Olson Kundig Inc. in Seattle, WA
159 S. Jackson Street Unit 600
Seattle, WA 98104
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-07
Similar Companies near Seattle
In the Seattle area, 53 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 185) and received an average PPP loan of $397,706 (compared to this company's $3.54M).
Similar Nearby Businesses Who Received PPP Funding:
Strata Architects, PLLC
Jackson Main Architecture, P.S.
CCM Architecture & Construction LLC
Soldano Luth Architects LLC
Atelier Drome LLP
Lighting Designs Inc
Robert Hutchison Architecture LLC
ARC ARChitects, Inc.
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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, 96% lower than Olson Kundig Inc.'s reported 185 employees, and received an average PPP loan of $149,750, 96% lower than this company's loan of $3.54M.
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.
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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