PPP Loan Data — Veev Group, Inc, San Mateo, CA
Veev Group, Inc is a corporation located at 777 Mariners Island Boulevard in San Mateo, California that received a Coronavirus-related PPP loan from the SBA of $2,965,000.00 in April, 2020.
$ PPP Loan Information
Veev Group, Inc received a Paycheck Protection Loan of $2.97M through DR BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Veev Group, Inc's total 2019 payroll expenses were approximately $14.23M in order to qualify for the PPP loan amount received.
Based on their reported 184 jobs retained, this equals an estimated average yearly compensation of $77,348 per employee1.
Business Information - Veev Group, Inc in San Mateo, CA
777 Mariners Island Boulevard
San Mateo, CA 94404
New Housing For-Sale Builders (NAICS code 236117)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-14
Similar Companies near San Mateo
In the San Mateo area, 2 businesses in the "New Housing For-Sale Builders" industry received a PPP loan. These local businesses reported an average of 92 employees (compared to this company's 184) and received an average PPP loan of $1,492,917 (compared to this company's $2.97M).
Similar Nearby Businesses Who Received PPP Funding:
Shoreline Assets Group LLC
San Mateo, CA
Industry PPP Comparison Statistics
Nationwide, 7,736 businesses in the "New Housing For-Sale Builders" industry received a total of $770,266,772.00 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 7 employees, 96% lower than Veev Group, Inc's reported 184 employees, and received an average PPP loan of $99,569, 97% lower than this company's loan of $2.97M.
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Footnotes & Information
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