PPP Loan Data — Sera Architects, Inc, Portland, OR
Sera Architects, Inc is a subchapter s corporation located at 338 Nw 5th Avenue in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $3,555,200.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:KeyBank National Association
Sera Architects, Inc in Portland, OR received a Paycheck Protection Loan of $3.56M through KeyBank National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Sera Architects, Inc's 2019 payroll expenses are estimated to be at least $17.06M.
Based on their reported 185 jobs retained, this equals an estimated average yearly compensation of $92,243 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sera Architects, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,555,200
Business Information - Sera Architects, Inc in Portland, OR
338 Nw 5th Avenue
Portland, OR 97209
NAICS code 541310
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Portland
In the Portland area, 16 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 185) and received an average PPP loan of $959,733 (compared to this company's $3.56M).
Similar Nearby Businesses Who Received PPP Funding:
LRS Architects Inc
Soderstrom Architects LTD
YBA Architects PC
Lango Hansen Landscape Architects, PC
Jones Architecture, Inc
OH Planning + Design, Architecture, LLC
LRS Architects Inc
GBD Architects Incorporated
C2K Architecture Inc
Industry PPP Comparison Statistics
Nationwide, 26,710 businesses in the "Architectural Services" industry received a total of $3.66B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 9 employees, 95% lower than Sera Architects, Inc's reported 185 employees, and received an average PPP loan of $137,110, 96% lower than this company's loan of $3.56M.
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Footnotes & Information
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