PPP Loan Data — Pacific Power Group LLC, Vancouver, WA
Pacific Power Group LLC
Entity: Limited Liability Company (LLC)
Location: Vancouver, WATweet This • Search All PPP Data
Pacific Power Group LLC is a limited liability company (LLC) located at 805 Broadway St Ste 700 in Vancouver, Washington that received a Coronavirus-related PPP loan from the SBA of $4,543,394.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Pacific Power Group LLC in Vancouver, WA received a Paycheck Protection Loan of $4.54M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Pacific Power Group LLC's total 2019 payroll expenses were approximately $21.81M 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 $43,617 per employee1.
Business Information - Pacific Power Group LLC in Vancouver, WA
805 Broadway St Ste 700
Vancouver, WA 98660
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-03
Industry PPP Comparison Statistics
Nationwide, 2,260 businesses in the "Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers" industry received a total of $288,357,851.00 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 9 employees, 98% lower than Pacific Power Group LLC's reported 500 employees, and received an average PPP loan of $127,592, 97% lower than this company's loan of $4.54M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!