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PPP Loan Data — Sigma Engineering Solutions Inc,
Las Vegas, NV
Sigma Engineering Solutions Inc
Entity: Corporation
Industry: Engineering Services
Location: Las Vegas, NV
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Sigma Engineering Solutions Inc is a corporation located at 4488 Wagon Trail Ave in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $624,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 40 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
40Loan Approved:
2020-04-28Lender:
WESTERN ALLIANCE BANKSigma Engineering Solutions Inc received a Paycheck Protection Loan of $624,000 through WESTERN ALLIANCE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sigma Engineering Solutions Inc's total 2019 payroll expenses were approximately $3M in order to qualify for the PPP loan amount received.
Based on their reported 40 jobs retained, this equals an estimated average yearly compensation of $74,880 per employee1.
Business Information - Sigma Engineering Solutions Inc in Las Vegas, NV
4488 Wagon Trail Ave
Las Vegas, NV 89118
Business Industry
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: NV-01Similar Companies near Las Vegas
In the Las Vegas area, 30 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 40) and received an average PPP loan of $516,140 (compared to this company's $624,000).
Similar Nearby Businesses Who Received PPP Funding:
Silver State Consulting Intl
Las Vegas, NV
Entelechy Global, Inc.
Las Vegas, NV
Goyak Management And Holding, Inc.
Las Vegas, NV
Grass Skirt Oilfield Consulting Inc.
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Thomad Engineering LLC
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Mendenhall Smith Structural Engineers, PLLC
Las Vegas, NV
Geotek Companies, Inc.
Las Vegas, NV
Barker Drottar Associates, LLC
Las Vegas, NV
IQC Southwest LLC
Las Vegas, NV
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 65% lower than Sigma Engineering Solutions Inc's reported 40 employees, and received an average PPP loan of $249,856, 60% lower than this company's loan of $624,000.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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