PPP Loan Data — Unidosus, Washington, DC
Unidosus is a corporation located at 1126 16th St N.w. in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $2,550,000.00 in April, 2020.
$ PPP Loan Information
Lender:FULTON BANK, NATIONAL ASSOCIATION
Unidosus received a Paycheck Protection Loan of $2.55M through FULTON BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 1 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 122.
Based on standard PPP eligibility rules, Unidosus' total 2019 payroll expenses were approximately $12.24M (not accounting for salary amounts > $100k) in order to qualify for the PPP loan amount received.
Because the 1 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Business Information - Unidosus in Washington, DC
1126 16th St N.w.
Washington, DC 20036
Civic and Social Organizations (NAICS code 813410)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: DC-
Similar Companies near Washington
In the Washington area, 49 businesses in the "Civic and Social Organizations" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 1) and received an average PPP loan of $420,465 (compared to this company's $2.55M).
Similar Nearby Businesses Who Received PPP Funding:
League Of United Latin American Citizens
National Wildlife Refuge Association
Cultivating New Frontiers In Agriculture
Generations For Peace Inc
Pinchot Institute For Conservation
National Society Of Collegiate Scholars
Industry PPP Comparison Statistics
Nationwide, 11,463 businesses in the "Civic and Social Organizations" industry received a total of $1,562,132,328.00 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 16 employees, 1500% higher than Unidosus' reported 1 employees, and received an average PPP loan of $136,276, 95% lower than this company's loan of $2.55M.
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Footnotes & Information
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