PPP Loan Data — Welltok, Inc., Denver, CO
Welltok, Inc. is a corporation located at 1515 Arapahoe St in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $8,967,585.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Welltok, Inc. in Denver, CO received a Paycheck Protection Loan of $8.97M through RADIUS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Welltok, Inc.'s total 2019 payroll expenses were approximately $43.04M in order to qualify for the PPP loan amount received.
Unlike most businesses, Welltok, 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 - Welltok, Inc. in Denver, CO
1515 Arapahoe St
Denver, CO 80202
Computer Systems Design Services (NAICS code 541512)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-01
Similar Companies near Denver
In the Denver area, 16 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 0) and received an average PPP loan of $882,963 (compared to this company's $8.97M).
Similar Nearby Businesses Who Received PPP Funding:
The Roof Queen, LLC
Grandview Technology Corp
Russell James Consulting LLC
EOS Group, Inc.
Binary Consulting LLC
Industry PPP Comparison Statistics
Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 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 10 employees, and received an average PPP loan of $181,408, 98% lower than this company's loan of $8.97M.
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Footnotes & Information
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