PPP Loan Data — Seacast, Inc., Tulalip, WA
Seacast, Inc. is a corporation located at 6130 31st Ave Ne in Tulalip, Washington that received a Coronavirus-related PPP loan from the SBA of $3,417,370.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 260 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Seacast, Inc. in Tulalip, WA received a Paycheck Protection Loan of $3.42M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Seacast, Inc.'s total 2019 payroll expenses were approximately $16.4M in order to qualify for the PPP loan amount received.
Based on their reported 260 jobs retained, this equals an estimated average yearly compensation of $63,090 per employee1.
Business Information - Seacast, Inc. in Tulalip, WA
6130 31st Ave Ne
Tulalip, WA 98271
Steel Investment Foundries (NAICS code 331512)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: WA-02
Industry PPP Comparison Statistics
Nationwide, 50 businesses in the "Steel Investment Foundries" industry received a total of $40,799,583.00 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 56 employees, 78% lower than Seacast, Inc.'s reported 260 employees, and received an average PPP loan of $815,992, 76% lower than this company's loan of $3.42M.
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Footnotes & Information
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