PPP Loan Data — Operation Technology, Inc., Irvine, CA
Operation Technology, Inc. is a corporation located at 17 Goodyear in Irvine, California that received a Coronavirus-related PPP loan from the SBA of $2,699,308.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least 156 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CALIFORNIA BANK OF COMMERCE
Operation Technology, Inc. received a Paycheck Protection Loan of $2.7M through CALIFORNIA BANK OF COMMERCE, which was approved in May, 2020.
Based on standard PPP eligibility rules, Operation Technology, Inc.'s total 2019 payroll expenses were approximately $12.96M in order to qualify for the PPP loan amount received.
Based on their reported 156 jobs retained, this equals an estimated average yearly compensation of $83,056 per employee1.
Business Information - Operation Technology, Inc. in Irvine, CA
Irvine, CA 92618
Custom Computer Programming Services (NAICS code 541511)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-45
Similar Companies near Irvine
In the Irvine area, 66 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 156) and received an average PPP loan of $275,293 (compared to this company's $2.7M).
Similar Nearby Businesses Who Received PPP Funding:
Root Marketing, Inc.
Bold Array LLC
Shape Software Inc
Custom Software Solutions Inc
Adam Robert Ake
Fuji Business International
Trinet Internet Solutions Inc
Industry PPP Comparison Statistics
Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 93% lower than Operation Technology, Inc.'s reported 156 employees, and received an average PPP loan of $200,633, 93% lower than this company's loan of $2.7M.
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