PPP Loan Data — Sssi, Inc, Washington, PA
Sssi, Inc is a corporation located at 2755 Park Ave Ste A in Washington, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $8,498,100.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 484 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST NATIONAL BANK OF PENNSYLVANIA
Sssi, Inc received a Paycheck Protection Loan of $8.5M through FIRST NATIONAL BANK OF PENNSYLVANIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sssi, Inc's total 2019 payroll expenses were approximately $40.79M in order to qualify for the PPP loan amount received.
Based on their reported 484 jobs retained, this equals an estimated average yearly compensation of $84,279 per employee1.
Business Information - Sssi, Inc in Washington, PA
2755 Park Ave Ste A
Washington, PA 15301
Other Heavy and Civil Engineering Construction (NAICS code 237990)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: PA-14
Industry PPP Comparison Statistics
Nationwide, 5,686 businesses in the "Other Heavy and Civil Engineering Construction" industry received a total of $1,754,404,434.00 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 19 employees, 96% lower than Sssi, Inc's reported 484 employees, and received an average PPP loan of $308,548, 96% lower than this company's loan of $8.5M.
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Footnotes & Information
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