Savilinx LLC in Brunswick, ME - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Savilinx LLC, Brunswick, ME

Savilinx LLC

Entity: Limited Liability Company (LLC)

Industry: Telemarketing Bureaus and Other Contact Centers

Location: Brunswick, ME

Savilinx LLC is a limited liability company (LLC) located at 74 Orion Street in Brunswick, Maine that received a Coronavirus-related PPP loan from the SBA of $2,735,800.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least 469 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.74M

Jobs Retained:

469

Loan Approved:

2020-04-09

Lender:

BIDDEFORD SAVINGS, A DIVISION OF

Savilinx LLC in Brunswick, ME received a Paycheck Protection Loan of $2.74M through BIDDEFORD SAVINGS, A DIVISION OF, which was approved in April, 2020.

Based on standard PPP eligibility rules, Savilinx LLC's total 2019 payroll expenses were approximately $13.13M in order to qualify for the PPP loan amount received.

Based on their reported 469 jobs retained, this equals an estimated average yearly compensation of $28,000 per employee¹.

Because the loan received by Savilinx LLC 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 - Savilinx LLC in Brunswick, ME

Savilinx LLC
74 Orion Street
Brunswick, ME 04011

Business Industry

Telemarketing Bureaus and Other Contact Centers (NAICS code 561422)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: FEMALE OWNED

Veteran Status: NON-VETERAN

Congressional District: ME-01

Industry PPP Comparison Statistics

Nationwide, 721 businesses in the "Telemarketing Bureaus and Other Contact Centers" industry received a total of $234,982,728.00 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 37 employees, 92% lower than Savilinx LLC's reported 469 employees, and received an average PPP loan of $325,912, 88% lower than this company's loan of $2.74M.

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.

Search FederalPay's Full PPP Loan Database

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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