PPP Loan Data — West Creek Financial, Inc., Glen Allen, VA
West Creek Financial, Inc. is a corporation located at 4951 Lake Brook Dr, Ste 350 in Glen Allen, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,949,152.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
West Creek Financial, Inc. received a Paycheck Protection Loan of $2.95M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, West Creek Financial, Inc.'s total 2019 payroll expenses were approximately $14.16M in order to qualify for the PPP loan amount received.
Based on their reported 215 jobs retained, this equals an estimated average yearly compensation of $65,842 per employee1.
Business Information - West Creek Financial, Inc. in Glen Allen, VA
4951 Lake Brook Dr, Ste 350
Glen Allen, VA 23060
Consumer Electronics and Appliances Rental (NAICS code 532210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-07
Industry PPP Comparison Statistics
Nationwide, 607 businesses in the "Consumer Electronics and Appliances Rental" industry received a total of $93,921,135.00 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 15 employees, 93% lower than West Creek Financial, Inc.'s reported 215 employees, and received an average PPP loan of $154,730, 95% lower than this company's loan of $2.95M.
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Footnotes & Information
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