PPP Loan Data — Universal Waste Systems, Inc., Santa Fe Springs, CA
Universal Waste Systems, Inc. is a corporation located at 9010 Norwalk in Santa Fe Springs, California that received a Coronavirus-related PPP loan from the SBA of $5,276,300.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 295 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CITIZENS BUSINESS BANK
Universal Waste Systems, Inc. received a Paycheck Protection Loan of $5.28M through CITIZENS BUSINESS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Universal Waste Systems, Inc.'s total 2019 payroll expenses were approximately $25.33M in order to qualify for the PPP loan amount received.
Based on their reported 295 jobs retained, this equals an estimated average yearly compensation of $85,852 per employee1.
Business Information - Universal Waste Systems, Inc. in Santa Fe Springs, CA
Santa Fe Springs, CA 90670
Other Waste Collection (NAICS code 562119)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CA-38
Industry PPP Comparison Statistics
Nationwide, 1,515 businesses in the "Other Waste Collection" industry received a total of $194,498,688.00 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 12 employees, 96% lower than Universal Waste Systems, Inc.'s reported 295 employees, and received an average PPP loan of $128,382, 98% lower than this company's loan of $5.28M.
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Footnotes & Information
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