PPP Loan Data — Zolon Tech Solutions, Inc, Herndon, VA
Zolon Tech Solutions, Inc is a corporation located at 13921 Park Center Rd Suite 500 in Herndon, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,450,500.00 in April, 2020.
The company has reported itself as a Hispanic male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:ATLANTIC UNION BANK
Zolon Tech Solutions, Inc in Herndon, VA received a Paycheck Protection Loan of $2.45M through ATLANTIC UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Zolon Tech Solutions, Inc's total 2019 payroll expenses were approximately $11.76M in order to qualify for the PPP loan amount received.
Unlike most businesses, Zolon Tech Solutions, 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 - Zolon Tech Solutions, Inc in Herndon, VA
13921 Park Center Rd Suite 500
Herndon, VA 20171
Other Computer Related Services (NAICS code 541519)
Business Owner Demographics
Race / Ethnicity: HISPANIC
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: VA-10
Similar Companies near Herndon
In the Herndon area, 47 businesses in the "Other Computer Related Services" industry received a PPP loan. These local businesses reported an average of 42 employees (compared to this company's 0) and received an average PPP loan of $1,048,107 (compared to this company's $2.45M).
Similar Nearby Businesses Who Received PPP Funding:
CWC Technology Inc
Absolute Business Solutions, Inc.
Information And Infrastructure Technologies, Inc.
Bridges System Integration LLC
Industry PPP Comparison Statistics
Nationwide, 12,205 businesses in the "Other Computer Related Services" industry received a total of $2,142,018,033.00 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 10 employees, and received an average PPP loan of $175,503, 93% lower than this company's loan of $2.45M.
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Footnotes & Information
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