PPP Loan Data — Picarro Inc, Santa Clara, CA
Picarro Inc is a corporation located at 3105 Patrick Henry Drive in Santa Clara, California that received a Coronavirus-related PPP loan from the SBA of $3,096,000.00 in April, 2020.
$ PPP Loan Information
Lender:SILICON VALLEY BANK
Picarro Inc received a Paycheck Protection Loan of $3.1M through SILICON VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Picarro Inc's total 2019 payroll expenses were approximately $14.86M in order to qualify for the PPP loan amount received.
Based on their reported 153 jobs retained, this equals an estimated average yearly compensation of $97,129 per employee1.
Business Information - Picarro Inc in Santa Clara, CA
3105 Patrick Henry Drive
Santa Clara, CA 95054
Analytical Laboratory Instrument Manufacturing (NAICS code 334516)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-17
Industry PPP Comparison Statistics
Nationwide, 460 businesses in the "Analytical Laboratory Instrument Manufacturing" industry received a total of $141,695,161.00 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 17 employees, 89% lower than Picarro Inc's reported 153 employees, and received an average PPP loan of $308,033, 90% lower than this company's loan of $3.1M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!