PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Vertisystem Inc, Fremont, CA

SBA PPP loan data, payroll data, and salaries for Vertisystem Inc

Vertisystem Inc

Entity: Subchapter S Corporation

Industry: Custom Computer Programming Services

Location: Fremont, CA

Search All PPP Data

Vertisystem Inc is a subchapter s corporation located at 39300 Civic Center Drive, Suite 160 in Fremont, California that received a Coronavirus-related PPP loan from the SBA of $3,110,322.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Vertisystem Inc received a Paycheck Protection Loan of $3.11M through RIVERVIEW BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Vertisystem Inc's total 2019 payroll expenses were approximately $14.93M in order to qualify for the PPP loan amount received.

Based on their reported 208 jobs retained, this equals an estimated average yearly compensation of $71,777 per employee1.

Because the loan received by Vertisystem Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Vertisystem Inc in Fremont, CA

Vertisystem Inc
39300 Civic Center Drive, Suite 160
Fremont, CA 94538

Business Industry

Custom Computer Programming Services (NAICS code 541511)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-17

Similar Companies near Fremont

In the Fremont area, 75 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 208) and received an average PPP loan of $474,571 (compared to this company's $3.11M).

Industry PPP Comparison Statistics

Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 95% lower than Vertisystem Inc's reported 208 employees, and received an average PPP loan of $200,633, 94% lower than this company's loan of $3.11M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

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.

Have's open data tools been valuable? Consider donating!

** This Document Provided By - The Civil Employee's Resource **