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PPP Loan Data — Strategic Business Systems, Inc.,
Chantilly, VA
Strategic Business Systems, Inc.
Entity: Subchapter S Corporation
Industry: Other Computer Related Services
Location: Chantilly, VA
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Strategic Business Systems, Inc. is a subchapter s corporation located at 5180 Parkstone Drive in Chantilly, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,940,500.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
192Loan Approved:
2020-04-05Lender:
ATLANTIC UNION BANKStrategic Business Systems, Inc. received a Paycheck Protection Loan of $2.94M through ATLANTIC UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Strategic Business Systems, Inc.'s total 2019 payroll expenses were approximately $14.11M in order to qualify for the PPP loan amount received.
Based on their reported 192 jobs retained, this equals an estimated average yearly compensation of $73,513 per employee1.
Business Information - Strategic Business Systems, Inc. in Chantilly, VA
5180 Parkstone Drive
Chantilly, VA 20151
Business Industry
Other Computer Related Services (NAICS code 541519)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: VA-10Similar Companies near Chantilly
In the Chantilly area, 36 businesses in the "Other Computer Related Services" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 192) and received an average PPP loan of $544,802 (compared to this company's $2.94M).
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Industry PPP Comparison Statistics
Nationwide, 12,205 businesses in the "Other Computer Related Services" industry received a total of $2,142,018,033.00 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, 95% lower than Strategic Business Systems, Inc.'s reported 192 employees, and received an average PPP loan of $175,503, 94% lower than this company's loan of $2.94M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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