PPP Loan Data — W-W Madison Opco VIII, LLC, Washington, DC
W-W Madison Opco VIII, LLC
Entity: Limited Liability Company (LLC)
Location: Washington, DCTweet This • Search All PPP Data
W-W Madison Opco VIII, LLC is a limited liability company (LLC) located at 1177 15th St Nw in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $2,975,000.00 in May, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
W-W Madison Opco VIII, LLC received a Paycheck Protection Loan of $2.98M through CIBC BANK USA, which was approved in May, 2020.
Based on standard PPP eligibility rules, W-W Madison Opco VIII, LLC's total 2019 payroll expenses were approximately $14.28M in order to qualify for the PPP loan amount received.
Based on their reported 192 jobs retained, this equals an estimated average yearly compensation of $74,375 per employee1.
Business Information - W-W Madison Opco VIII, LLC in Washington, DC
1177 15th St Nw
Washington, DC 20005
Lessors of Nonresidential Buildings (except Miniwarehouses) (NAICS code 531120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: DC-
Similar Companies near Washington
In the Washington area, 7 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 192) and received an average PPP loan of $917,203 (compared to this company's $2.98M).
Similar Nearby Businesses Who Received PPP Funding:
Small Business Technology Solutions II
Klingner Jazayerli LLP
Zebco Investment Group Inc.
Trade Center Management Associates LLC
Knightsbridge Management Inc
Joseph A Michel
Industry PPP Comparison Statistics
Nationwide, 14,874 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a total of $1,433,708,089.00 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 9 employees, 95% lower than W-W Madison Opco VIII, LLC's reported 192 employees, and received an average PPP loan of $96,390, 97% lower than this company's loan of $2.98M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!