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PPP Loan Data — Riskalyze, Inc., Auburn, CA

SBA PPP loan data, payroll data, and salaries for Riskalyze, Inc.
CA

Riskalyze, Inc.

Entity: Corporation

Industry: Software Publishers

Location: Auburn, CA

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Riskalyze, Inc. is a corporation located at 373 Elm Ave in Auburn, California that received a Coronavirus-related PPP loan from the SBA of $2,672,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.67M

Jobs Retained:

157

Loan Approved:

2020-04-07

Lender:

CIBC BANK USA

Riskalyze, Inc. received a Paycheck Protection Loan of $2.67M through CIBC BANK USA, which was approved in April, 2020.

Based on standard PPP eligibility rules, Riskalyze, Inc.'s total 2019 payroll expenses were approximately $12.83M in order to qualify for the PPP loan amount received.

Based on their reported 157 jobs retained, this equals an estimated average yearly compensation of $81,707 per employee1.

Because the loan received by Riskalyze, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Riskalyze, Inc. in Auburn, CA

Riskalyze, Inc.
373 Elm Ave
Auburn, CA 95603

Business Industry

Software Publishers (NAICS code 511210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-01

Similar Companies near Auburn

In the Auburn area, 3 businesses in the "Software Publishers" industry received a PPP loan. These local businesses reported an average of 64 employees (compared to this company's 157) and received an average PPP loan of $1,082,914 (compared to this company's $2.67M).

Industry PPP Comparison Statistics

Nationwide, 8,232 businesses in the "Software Publishers" industry received a total of $2,105,805,320.00 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 13 employees, 92% lower than Riskalyze, Inc.'s reported 157 employees, and received an average PPP loan of $255,807, 90% lower than this company's loan of $2.67M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/riskalyze-inc-auburn-ca