PPP Loan Data — USM Business Systems Inc, Chantilly, VA
USM Business Systems Inc is a corporation located at 14175 Sullyfield Cir, Ste 400 in Chantilly, Virginia that received a Coronavirus-related PPP loan from the SBA of $3,750,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:ATLANTIC UNION BANK
USM Business Systems Inc in Chantilly, VA received a Paycheck Protection Loan of $3.75M through ATLANTIC UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, USM Business Systems Inc's total 2019 payroll expenses were approximately $18M in order to qualify for the PPP loan amount received.
Unlike most businesses, USM Business Systems Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - USM Business Systems Inc in Chantilly, VA
14175 Sullyfield Cir, Ste 400
Chantilly, VA 20151
Other Computer Related Services (NAICS code 541519)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-10
Similar Companies near Chantilly
In the Chantilly area, 36 businesses in the "Other Computer Related Services" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 0) and received an average PPP loan of $544,802 (compared to this company's $3.75M).
Similar Nearby Businesses Who Received PPP Funding:
Rizing Solutions LLC
Eleview International Inc.
Netlogic Solutions Inc
Musabay Technologies Corporation
Tuknik Government Services LLC
Imageworld Technologies LLC
Industry PPP Comparison Statistics
Nationwide, 12,205 businesses in the "Other Computer Related Services" industry received a total of $2,142,018,033.00 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 10 employees, and received an average PPP loan of $175,503, 95% lower than this company's loan of $3.75M.
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, 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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