PPP Loan Data — Statek Corporation, Orange, CA
Statek Corporation is a corporation located at 512 N Main St in Orange, California that received a Coronavirus-related PPP loan from the SBA of $3,021,090.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Statek Corporation in Orange, CA received a Paycheck Protection Loan of $3.02M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Statek Corporation's total 2019 payroll expenses were approximately $14.5M in order to qualify for the PPP loan amount received.
Based on their reported 271 jobs retained, this equals an estimated average yearly compensation of $53,510 per employee1.
Business Information - Statek Corporation in Orange, CA
512 N Main St
Orange, CA 92868
Other Electronic Component Manufacturing (NAICS code 334419)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-46
Similar Companies near Orange
In the Orange area, 3 businesses in the "Other Electronic Component Manufacturing" industry received a PPP loan. These local businesses reported an average of 92 employees (compared to this company's 271) and received an average PPP loan of $1,026,973 (compared to this company's $3.02M).
Similar Nearby Businesses Who Received PPP Funding:
Daveco International LLC
Premier Filters Inc
Industry PPP Comparison Statistics
Nationwide, 1,514 businesses in the "Other Electronic Component Manufacturing" industry received a total of $388,003,044.00 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 20 employees, 93% lower than Statek Corporation's reported 271 employees, and received an average PPP loan of $256,277, 92% lower than this company's loan of $3.02M.
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Footnotes & Information
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