PPP Loan Data — Sound Publishing Inc, Everett, WA
Sound Publishing Inc is a corporation located at 1800 41st St in Everett, Washington that received a Coronavirus-related PPP loan from the SBA of $4,117,800.00 in April, 2020.
$ PPP Loan Information
Lender:COASTAL COMMUNITY BANK
Sound Publishing Inc received a Paycheck Protection Loan of $4.12M through COASTAL COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sound Publishing Inc's total 2019 payroll expenses were approximately $19.77M in order to qualify for the PPP loan amount received.
Based on their reported 366 jobs retained, this equals an estimated average yearly compensation of $54,004 per employee1.
Business Information - Sound Publishing Inc in Everett, WA
1800 41st St
Everett, WA 98203
Commercial Printing (except Screen and Books) (NAICS code 323111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-02
Industry PPP Comparison Statistics
Nationwide, 13,022 businesses in the "Commercial Printing (except Screen and Books)" industry received a total of $1,940,592,408.00 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 12 employees, 97% lower than Sound Publishing Inc's reported 366 employees, and received an average PPP loan of $149,024, 96% lower than this company's loan of $4.12M.
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Footnotes & Information
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