PPP Loan Data — Svam International Inc., Great Neck, NY
Svam International Inc. is a subchapter s corporation located at 233 E Shore Rd Suite 201 in Great Neck, New York that received a Coronavirus-related PPP loan from the SBA of $3,190,805.00 in May, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Svam International Inc. in Great Neck, NY received a Paycheck Protection Loan of $3.19M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Svam International Inc.'s total 2019 payroll expenses were approximately $15.32M in order to qualify for the PPP loan amount received.
Based on their reported 156 jobs retained, this equals an estimated average yearly compensation of $98,179 per employee1.
Business Information - Svam International Inc. in Great Neck, NY
233 E Shore Rd Suite 201
Great Neck, NY 11023
Computer Systems Design Services (NAICS code 541512)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-03
Similar Companies near Great Neck
In the Great Neck area, 3 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 52 employees (compared to this company's 156) and received an average PPP loan of $1,077,472 (compared to this company's $3.19M).
Similar Nearby Businesses Who Received PPP Funding:
SMB Network Solutions
Great Neck, NY
Interactive Communications & Systems (USA) Inc
Great Neck, NY
Industry PPP Comparison Statistics
Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 94% lower than Svam International Inc.'s reported 156 employees, and received an average PPP loan of $181,408, 94% lower than this company's loan of $3.19M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!