PPP Loan Data — Sunwest Electric, Inc, Anaheim, CA
Sunwest Electric, Inc
Location: Anaheim, CATweet This • Search All PPP Data
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
Lender:BANK OF THE WEST
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.
Business Information - Sunwest Electric, Inc in Anaheim, CA
3064 E Miraloma Avenue
Anaheim, CA 92806
Electrical Contractors and Other Wiring Installation Contractors (NAICS code 238210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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).
Similar Nearby Businesses Who Received PPP Funding:
Sun Solar Energy Holdings, Inc
Spike Electric, Inc.
Tri Power Electrical Contractors Inc
Reskey Electric Corp
Superior Service, Corp
Power Pro Electric
Electro Industry, Inc
Nazzareno Electric Co Inc
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.
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