PPP Loan Data — Unigen Corporation, Newark, CA
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Unigen Corporation is a corporation located at 39730 Eureka Drive in Newark, California that received a Coronavirus-related PPP loan from the SBA of $2,894,721.00 in April, 2020.
The company has reported itself as an Asian male owned business, and employed at least 212 people during the applicable loan loan period.
$ PPP Loan Information
Lender:COMMUNITY BANK OF THE BAY
Unigen Corporation received a Paycheck Protection Loan of $2.89M through COMMUNITY BANK OF THE BAY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Unigen Corporation's total 2019 payroll expenses were approximately $13.89M in order to qualify for the PPP loan amount received.
Based on their reported 212 jobs retained, this equals an estimated average yearly compensation of $65,541 per employee1.
Business Information - Unigen Corporation in Newark, CA
39730 Eureka Drive
Newark, CA 94560
Printed Circuit Assembly (Electronic Assembly) Manufacturing (NAICS code 334418)
Business Owner Demographics
Race / Ethnicity: ASIAN
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-17
Similar Companies near Newark
In the Newark area, 2 businesses in the "Printed Circuit Assembly (Electronic Assembly) Manufacturing" industry received a PPP loan. These local businesses reported an average of 109 employees (compared to this company's 212) and received an average PPP loan of $1,517,611 (compared to this company's $2.89M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 480 businesses in the "Printed Circuit Assembly (Electronic Assembly) Manufacturing" industry received a total of $202,524,322.00 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 33 employees, 84% lower than Unigen Corporation's reported 212 employees, and received an average PPP loan of $421,926, 85% lower than this company's loan of $2.89M.
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