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PPP Loan Data — Washingtons National Security Enforcement Agency, Bellevue, WA

SBA PPP loan data, payroll data, and salaries for Washingtons National Security Enforcement Agency
WA

Washingtons National Security Enforcement Agency

Entity: Sole Proprietorship

Industry: Security Guards and Patrol Services

Location: Bellevue, WA

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Washingtons National Security Enforcement Agency is a sole proprietorship located at 1400 112th Ave Se Suite 100 in Bellevue, Washington that received a Coronavirus-related PPP loan from the SBA of $1,049.00 in April, 2020.

$ PPP Loan Information
Loan #5804597103

Loan Size:

$1,049

Jobs Retained:

4

Loan Approved:

2020-04-14

Loan Status:

Paid in Full or Forgiven

Lender:

Washington Federal Bank

Washingtons National Security Enforcement Agency in Bellevue, WA received a Paycheck Protection Loan of $1,049 through Washington Federal Bank, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2022.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Washingtons National Security Enforcement Agency's 2019 payroll expenses are estimated to be at least $5,035.

Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $1,259 per employee1

Reported PPP Proceed Usage:

On the PPP application, Washingtons National Security Enforcement Agency reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $786
  • Utilities: $262

Business Information - Washingtons National Security Enforcement Agency in Bellevue, WA

Washingtons National Security Enforcement Agency
1400 112th Ave Se Suite 100
Bellevue, WA 98004

Business Industry:
Security Guards and Patrol Services
NAICS code 561612

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

King County, WA — SBA Office 1013 — Congressional District: WA-09

Businesses Using Same Address:

There are 3 other businesses that received a PPP loan registered to the same address as Washingtons National Security Enforcement Agency.

Labs8 Consulting LLC
Computer Systems Design Services

$44,800 PPP Loan

Dana Ferrell
Investment Advice

$60,900 PPP Loan

Ecomply Solutions LLC
Data Processing, Hosting, and Related Services

$109,111 PPP Loan

Similar Companies near Bellevue

In the Bellevue area, 8 businesses in the "Security Guards and Patrol Services" industry received a PPP loan. These local businesses reported an average of 103 employees (compared to this company's 4) and received an average PPP loan of $977,862 (compared to this company's $1,049).

Industry PPP Comparison Statistics

Nationwide, 13,445 businesses in the "Security Guards and Patrol Services" industry received a total of $1.44B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 20 employees, 400% higher than Washingtons National Security Enforcement Agency's reported 4 employees, and received an average PPP loan of $106,955, 10096% higher than this company's loan of $1,049.

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. Estimations for informational purposes only. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/washingtons-national-security-enforcement-agency-bellevue-wa