PPP Loan Data — Western Technologies Inc., Phoenix, AZ
Western Technologies Inc. is a sole proprietorship located at 3737 East Broadway Road in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,733,100.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 326 people during the applicable loan loan period.
$ PPP Loan Information
Lender:READYCAP LENDING, LLC
Western Technologies Inc. in Phoenix, AZ received a Paycheck Protection Loan of $2.73M through READYCAP LENDING, LLC, which was approved in April, 2020.
Based on standard PPP eligibility rules, Western Technologies Inc.'s total 2019 payroll expenses were approximately $13.12M in order to qualify for the PPP loan amount received.
Based on their reported 326 jobs retained, this equals an estimated average yearly compensation of $40,242 per employee1.
Business Information - Western Technologies Inc. in Phoenix, AZ
3737 East Broadway Road
Phoenix, AZ 85040
Executive Search Services (NAICS code 561312)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: AZ-07
Similar Companies near Phoenix
In the Phoenix area, 2 businesses in the "Executive Search Services" industry received a PPP loan. These local businesses reported an average of 232 employees (compared to this company's 326) and received an average PPP loan of $1,666,550 (compared to this company's $2.73M).
Similar Nearby Businesses Who Received PPP Funding:
Ohana Developmental Homes, LLC
Industry PPP Comparison Statistics
Nationwide, 4,499 businesses in the "Executive Search Services" industry received a total of $602,770,500.00 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 12 employees, 96% lower than Western Technologies Inc.'s reported 326 employees, and received an average PPP loan of $133,979, 95% lower than this company's loan of $2.73M.
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