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PPP Loan Data — Swat Fame Inc,
City Of Industry, CA
Swat Fame Inc
Entity: Corporation
Industry: Women’s, Girls’, and Infants’ Cut and Sew Apparel Manufacturing
Location: City Of Industry, CA
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Swat Fame Inc is a corporation located at 16425 E Gale Ave in City Of Industry, California that received a Coronavirus-related PPP loan from the SBA of $3,554,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
282Loan Approved:
2020-04-27Lender:
COMMERCIAL BANK OF CALIFORNIASwat Fame Inc received a Paycheck Protection Loan of $3.55M through COMMERCIAL BANK OF CALIFORNIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Swat Fame Inc's total 2019 payroll expenses were approximately $17.06M in order to qualify for the PPP loan amount received.
Based on their reported 282 jobs retained, this equals an estimated average yearly compensation of $60,507 per employee1.
Business Information - Swat Fame Inc in City Of Industry, CA
16425 E Gale Ave
City Of Industry, CA 91745
Business Industry
Women’s, Girls’, and Infants’ Cut and Sew Apparel Manufacturing (NAICS code 315240)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-39Similar Companies near City Of Industry
In the City Of Industry area, 3 businesses in the "Women’s, Girls’, and Infants’ Cut and Sew Apparel Manufacturing" industry received a PPP loan. These local businesses reported an average of 96 employees (compared to this company's 282) and received an average PPP loan of $1,204,709 (compared to this company's $3.55M).
Similar Nearby Businesses Who Received PPP Funding:
Zenith Technology Inc
City Of Industry, CA
Win Double Inc
City Of Industry, CA
Industry PPP Comparison Statistics
Nationwide, 1,051 businesses in the "Women’s, Girls’, and Infants’ Cut and Sew Apparel Manufacturing" industry received a total of $190,040,497.00 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 13 employees, 95% lower than Swat Fame Inc's reported 282 employees, and received an average PPP loan of $180,819, 95% lower than this company's loan of $3.55M.
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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