PPP Loan Data — A & A Associates, LLC, Deer Park, NY
A & A Associates, LLC
Entity: Limited Liability Company (LLC)
Location: Deer Park, NYTweet This • Search All PPP Data
A & A Associates, LLC is a limited liability company (LLC) located at 1050 Grand Boulevard in Deer Park, New York that received a Coronavirus-related PPP loan from the SBA of $2,446,100.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
A & A Associates, LLC received a Paycheck Protection Loan of $2.45M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, A & A Associates, LLC's total 2019 payroll expenses were approximately $11.74M in order to qualify for the PPP loan amount received.
Based on their reported 138 jobs retained, this equals an estimated average yearly compensation of $85,082 per employee1.
Business Information - A & A Associates, LLC in Deer Park, NY
1050 Grand Boulevard
Deer Park, NY 11729
Other Commercial and Industrial Machinery and Equipment Rental and Leasing (NAICS code 532490)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-02
Similar Companies near Deer Park
In the Deer Park area, 2 businesses in the "Other Commercial and Industrial Machinery and Equipment Rental and Leasing" industry received a PPP loan. These local businesses reported an average of 181 employees (compared to this company's 138) and received an average PPP loan of $2,457,050 (compared to this company's $2.45M).
Similar Nearby Businesses Who Received PPP Funding:
Able Equipment Rental, Inc.
Deer Park, NY
Industry PPP Comparison Statistics
Nationwide, 4,159 businesses in the "Other Commercial and Industrial Machinery and Equipment Rental and Leasing" industry received a total of $707,533,609.00 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 13 employees, 91% lower than A & A Associates, LLC's reported 138 employees, and received an average PPP loan of $170,121, 93% lower than this company's loan of $2.45M.
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.
Footnotes & Information
1. 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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