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PPP Loan Data — SVA Certified Public Accountants, SC,
Madison, WI
SVA Certified Public Accountants, SC
Entity: Corporation
Industry: Offices of Certified Public Accountants
Location: Madison, WI
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SVA Certified Public Accountants, SC is a corporation located at 1221 John Q Hammons Dr in Madison, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,281,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
173Loan Approved:
2020-04-08Lender:
JOHNSON BANKSVA Certified Public Accountants, SC received a Paycheck Protection Loan of $3.28M through JOHNSON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, SVA Certified Public Accountants, SC's total 2019 payroll expenses were approximately $15.75M in order to qualify for the PPP loan amount received.
Based on their reported 173 jobs retained, this equals an estimated average yearly compensation of $91,056 per employee1.
Business Information - SVA Certified Public Accountants, SC in Madison, WI
1221 John Q Hammons Dr
Madison, WI 53717
Business Industry
Offices of Certified Public Accountants (NAICS code 541211)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: WI-02Similar Companies near Madison
In the Madison area, 7 businesses in the "Offices of Certified Public Accountants" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 173) and received an average PPP loan of $680,033 (compared to this company's $3.28M).
Similar Nearby Businesses Who Received PPP Funding:
Studio 3Ree Inc.
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Porter & Sack, CPAS, SC
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Sorge CPA & Business Advisors, SC
Monona, WI
Marc Winer
Monona, WI
KMA Bodilly CPAS & Consultants, SC
Madison, WI
Btbk Accounting Services LLC
Madison, WI
Industry PPP Comparison Statistics
Nationwide, 37,661 businesses in the "Offices of Certified Public Accountants" industry received a total of $3,350,637,371.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 97% lower than SVA Certified Public Accountants, SC's reported 173 employees, and received an average PPP loan of $88,968, 97% lower than this company's loan of $3.28M.
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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