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PPP Loan Data — AC Twister LLC,
Narberth, PA
AC Twister LLC
Entity: Limited Liability Company (LLC)
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Narberth, PA
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AC Twister LLC is a limited liability company (LLC) located at 724 Montgomery Ave in Narberth, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $19,045.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
4Loan Approved:
2020-04-10Lender:
TD BANK, NATIONAL ASSOCIATIONAC Twister LLC received a Paycheck Protection Loan of $19,045 through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, AC Twister LLC's total 2019 payroll expenses were approximately $91,416 in order to qualify for the PPP loan amount received.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $22,854 per employee1.
Business Information - AC Twister LLC in Narberth, PA
724 Montgomery Ave
Narberth, PA 19072
Business Industry
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-04Similar Companies near Narberth
In the Narberth area, 8 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 4) and received an average PPP loan of $581,695 (compared to this company's $19,045).
Similar Nearby Businesses Who Received PPP Funding:
LEN Sciulli & Sons, LLC
Newtown Square, PA
Tracey Mechanical, Inc.
Newtown Square, PA
Newtemp Heating And Air Conditioning
Newtown Square, PA
Mark Scanlon Plumbing And Heating Inc
Narberth, PA
Air Pro HVAC, Inc
Penn Valley, PA
Mid-Atlantic Mechanical Inc
Newtown Square, PA
V.D'Angelo Plumbing & Heating, Inc.
Newtown Square, PA
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 175% higher than AC Twister LLC's reported 4 employees, and received an average PPP loan of $154,981, 714% higher than this company's loan of $19,045.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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