PPP Loan Data — Potomacwave Consulting, Inc., Alexandria, VA
Potomacwave Consulting, Inc.
Location: Alexandria, VATweet This • Search All PPP Data
Potomacwave Consulting, Inc. is a corporation located at 44 Canal Center Plaza Ste 410 in Alexandria, Virginia that received a Coronavirus-related PPP loan from the SBA of $3,893,800.00 in April, 2020.
$ PPP Loan Information
Potomacwave Consulting, Inc. in Alexandria, VA received a Paycheck Protection Loan of $3.89M through CONTINENTAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Potomacwave Consulting, Inc.'s total 2019 payroll expenses were approximately $18.69M in order to qualify for the PPP loan amount received.
Based on their reported 219 jobs retained, this equals an estimated average yearly compensation of $85,344 per employee1.
Business Information - Potomacwave Consulting, Inc. in Alexandria, VA
44 Canal Center Plaza Ste 410
Alexandria, VA 22314
Administrative Management and General Management Consulting Services (NAICS code 541611)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-08
Similar Companies near Alexandria
In the Alexandria area, 67 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 219) and received an average PPP loan of $329,382 (compared to this company's $3.89M).
Similar Nearby Businesses Who Received PPP Funding:
XN Strategic, LLC
Doran Consulting Services, LLC
Syber Enterprise Group, Inc.
Tamu II LLC
Performance Plus International, Inc.
Mercantile Advisors LLC
Strategic Management Services LLC
Industry PPP Comparison Statistics
Nationwide, 42,814 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $3,692,368,152.00 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 6 employees, 97% lower than Potomacwave Consulting, Inc.'s reported 219 employees, and received an average PPP loan of $86,242, 98% lower than this company's loan of $3.89M.
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