PPP Loan Data — Solcius LLC, Provo, UT
Solcius LLC is a limited liability company (LLC) located at 1555 N Freedom Blvd in Provo, Utah that received a Coronavirus-related PPP loan from the SBA of $3,196,600.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Solcius LLC received a Paycheck Protection Loan of $3.2M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Solcius LLC's total 2019 payroll expenses were approximately $15.34M in order to qualify for the PPP loan amount received.
Based on their reported 301 jobs retained, this equals an estimated average yearly compensation of $50,976 per employee1.
Business Information - Solcius LLC in Provo, UT
1555 N Freedom Blvd
Provo, UT 84604
Solar Electric Power Generation (NAICS code 221114)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: UT-03
Industry PPP Comparison Statistics
Nationwide, 1,073 businesses in the "Solar Electric Power Generation" industry received a total of $155,084,009.00 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 10 employees, 97% lower than Solcius LLC's reported 301 employees, and received an average PPP loan of $144,533, 95% lower than this company's loan of $3.2M.
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Footnotes & Information
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