PPP Loan Data — Softtek Integration Systems Inc, Addison, TX
Softtek Integration Systems Inc is a corporation located at 15303 Dallas Pkway Suite 200 in Addison, Texas that received a Coronavirus-related PPP loan from the SBA of $6,424,383.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WELLS FARGO BANK, NATIONAL ASSOCIATION
Softtek Integration Systems Inc in Addison, TX received a Paycheck Protection Loan of $6.42M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Softtek Integration Systems Inc's total 2019 payroll expenses were approximately $30.84M in order to qualify for the PPP loan amount received.
Unlike most businesses, Softtek Integration Systems Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Softtek Integration Systems Inc in Addison, TX
15303 Dallas Pkway Suite 200
Addison, TX 75001
Computer Systems Design Services (NAICS code 541512)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-24
Similar Companies near Addison
In the Addison area, 26 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 0) and received an average PPP loan of $419,584 (compared to this company's $6.42M).
Similar Nearby Businesses Who Received PPP Funding:
Ontech Solutions Group, LLC
Symphonic Source Inc
Shiro Technologies, LLC
G Six Ventures, Inc.
Sola Analytics LLC
Signature Automation LLC
Industry PPP Comparison Statistics
Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, and received an average PPP loan of $181,408, 97% lower than this company's loan of $6.42M.
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Footnotes & Information
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