PPP Loan Data — Sensor Systems Inc, Chatsworth, CA
Sensor Systems Inc
Industry: Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing
Location: Chatsworth, CATweet This • Search All PPP Data
Sensor Systems Inc is a corporation located at 8929 Fullbright Ave in Chatsworth, California that received a Coronavirus-related PPP loan from the SBA of $2,509,817.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Sensor Systems Inc received a Paycheck Protection Loan of $2.51M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Sensor Systems Inc's total 2019 payroll expenses were approximately $12.05M in order to qualify for the PPP loan amount received.
Based on their reported 224 jobs retained, this equals an estimated average yearly compensation of $53,782 per employee1.
Business Information - Sensor Systems Inc in Chatsworth, CA
8929 Fullbright Ave
Chatsworth, CA 91311
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-25
Similar Companies near Chatsworth
In the Chatsworth area, 4 businesses in the "Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing" industry received a PPP loan. These local businesses reported an average of 111 employees (compared to this company's 224) and received an average PPP loan of $1,304,229 (compared to this company's $2.51M).
Similar Nearby Businesses Who Received PPP Funding:
Telemetry & Communications Systems, Inc.
Space Vector Corporation
CCS Holdings Inc.
Industry PPP Comparison Statistics
Nationwide, 440 businesses in the "Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing" industry received a total of $190,897,230.00 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 26 employees, 88% lower than Sensor Systems Inc's reported 224 employees, and received an average PPP loan of $433,857, 83% lower than this company's loan of $2.51M.
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