PPP Loan Data — Security Signal Devices, Inc., Anaheim, CA
Security Signal Devices, Inc. is a corporation located at 1740 N Lemon St in Anaheim, California that received a Coronavirus-related PPP loan from the SBA of $2,453,605.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 194 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Security Signal Devices, Inc. received a Paycheck Protection Loan of $2.45M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Security Signal Devices, Inc.'s total 2019 payroll expenses were approximately $11.78M in order to qualify for the PPP loan amount received.
Based on their reported 194 jobs retained, this equals an estimated average yearly compensation of $60,708 per employee1.
Business Information - Security Signal Devices, Inc. in Anaheim, CA
1740 N Lemon St
Anaheim, CA 92801
Security Systems Services (except Locksmiths) (NAICS code 561621)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-46
Industry PPP Comparison Statistics
Nationwide, 5,289 businesses in the "Security Systems Services (except Locksmiths)" industry received a total of $839,803,057.00 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 14 employees, 93% lower than Security Signal Devices, Inc.'s reported 194 employees, and received an average PPP loan of $158,783, 94% lower than this company's loan of $2.45M.
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Footnotes & Information
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