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PPP Loan Data — Surefire LLC, Fountain Valley, CA

SBA PPP loan data, payroll data, and salaries for Surefire LLC
CA

Surefire LLC

Entity: Limited Liability Company (LLC)

Industry: Other Lighting Equipment Manufacturing

Location: Fountain Valley, CA

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Surefire LLC is a limited liability company (LLC) located at 18300 Mount Baldy Cir in Fountain Valley, California that received a Coronavirus-related PPP loan from the SBA of $4,028,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.03M

Jobs Retained:

323

Loan Approved:

2020-04-16

Lender:

ZIONS BANK, A DIVISION OF

Surefire LLC received a Paycheck Protection Loan of $4.03M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.

Based on standard PPP eligibility rules, Surefire LLC's total 2019 payroll expenses were approximately $19.33M in order to qualify for the PPP loan amount received.

Based on their reported 323 jobs retained, this equals an estimated average yearly compensation of $59,859 per employee1.

Because the loan received by Surefire LLC 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 - Surefire LLC in Fountain Valley, CA

Surefire LLC
18300 Mount Baldy Cir
Fountain Valley, CA 92708

Business Industry

Other Lighting Equipment Manufacturing (NAICS code 335129)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-48

Similar Companies near Fountain Valley

In the Fountain Valley area, 2 businesses in the "Other Lighting Equipment Manufacturing" industry received a PPP loan. These local businesses reported an average of 170 employees (compared to this company's 323) and received an average PPP loan of $2,068,800 (compared to this company's $4.03M).

Similar Nearby Businesses Who Received PPP Funding:

Dana Creath Designs, LTD
Santa Ana, CA

$109,600 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 481 businesses in the "Other Lighting Equipment Manufacturing" industry received a total of $90,730,877.00 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 14 employees, 96% lower than Surefire LLC's reported 323 employees, and received an average PPP loan of $188,630, 95% lower than this company's loan of $4.03M.

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.

Search FederalPay's Full PPP Loan Database

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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/surefire-llc-fountain-valley-ca