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PPP Loan Data — Sunwest Electric, Inc, Anaheim, CA

SBA PPP loan data, payroll data, and salaries for Sunwest Electric, Inc

Sunwest Electric, Inc

Entity: Corporation

Industry: Electrical Contractors and Other Wiring Installation Contractors

Location: Anaheim, CA

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Sunwest Electric, Inc is a corporation located at 3064 E Miraloma Avenue in Anaheim, California that received a Coronavirus-related PPP loan from the SBA of $3,024,202.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Sunwest Electric, Inc in Anaheim, CA received a Paycheck Protection Loan of $3.02M through BANK OF THE WEST, which was approved in April, 2020.

Based on standard PPP eligibility rules, Sunwest Electric, Inc's total 2019 payroll expenses were approximately $14.52M in order to qualify for the PPP loan amount received.

Based on their reported 229 jobs retained, this equals an estimated average yearly compensation of $63,389 per employee1.

Because the loan received by Sunwest Electric, Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Sunwest Electric, Inc in Anaheim, CA

Sunwest Electric, Inc
3064 E Miraloma Avenue
Anaheim, CA 92806

Business Industry

Electrical Contractors and Other Wiring Installation Contractors (NAICS code 238210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-46

Similar Companies near Anaheim

In the Anaheim area, 38 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 229) and received an average PPP loan of $476,090 (compared to this company's $3.02M).

Industry PPP Comparison Statistics

Nationwide, 44,489 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $8,060,101,877.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 12 employees, 95% lower than Sunwest Electric, Inc's reported 229 employees, and received an average PPP loan of $181,171, 94% lower than this company's loan of $3.02M.

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, and is published unmodified, as provided by the SBA.

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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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** This Document Provided By - The Civil Employee's Resource **