PPP Loan Data — Spectra360, Inc., Oakland, CA
Spectra360, Inc. is a corporation located at 1700 Broadway 4th Floor in Oakland, California that received a Coronavirus-related PPP loan from the SBA of $3,333,700.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:STERLING NATIONAL BANK
Spectra360, Inc. received a Paycheck Protection Loan of $3.33M through STERLING NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Spectra360, Inc.'s total 2019 payroll expenses were approximately $16M in order to qualify for the PPP loan amount received.
Unlike most businesses, Spectra360, 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 - Spectra360, Inc. in Oakland, CA
1700 Broadway 4th Floor
Oakland, CA 94612
Employment Placement Agencies (NAICS code 561311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-13
Similar Companies near Oakland
In the Oakland area, 7 businesses in the "Employment Placement Agencies" industry received a PPP loan. These local businesses reported an average of 70 employees (compared to this company's 0) and received an average PPP loan of $1,395,254 (compared to this company's $3.33M).
Similar Nearby Businesses Who Received PPP Funding:
ANI Private Security & Patrol, Inc
Swing Search & Talent, Inc
Ormsby Park, LLC
Silicon Valley Technical Staffing
Industry PPP Comparison Statistics
Nationwide, 7,294 businesses in the "Employment Placement Agencies" industry received a total of $2,648,453,106.00 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 38 employees, and received an average PPP loan of $363,100, 89% lower than this company's loan of $3.33M.
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Footnotes & Information
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