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PPP Loan Data — Security Engineers Inc,
Birmingham, AL
Security Engineers Inc
Entity: Corporation
Industry: Security Guards and Patrol Services
Location: Birmingham, AL
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Security Engineers Inc is a corporation located at 1617 3rd Ave N in Birmingham, Alabama that received a Coronavirus-related PPP loan from the SBA of $6,866,614.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-29Lender:
BBVA USASecurity Engineers Inc in Birmingham, AL received a Paycheck Protection Loan of $6.87M through BBVA USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Security Engineers Inc's total 2019 payroll expenses were approximately $32.96M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $65,919 per employee1.
Business Information - Security Engineers Inc in Birmingham, AL
1617 3rd Ave N
Birmingham, AL 35203
Business Industry
Security Guards and Patrol Services (NAICS code 561612)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: AL-07Industry PPP Comparison Statistics
Nationwide, 4,165 businesses in the "Security Guards and Patrol Services" industry received a total of $1,003,129,142.00 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 36 employees, 93% lower than Security Engineers Inc's reported 500 employees, and received an average PPP loan of $240,847, 96% lower than this company's loan of $6.87M.
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.
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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