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PPP Loan Data — Agilis Engineering Inc,
Palm Beach Gardens, FL
Agilis Engineering Inc
Entity: Corporation
Industry: Engineering Services
Location: Palm Beach Gardens, FL
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Agilis Engineering Inc is a corporation located at 3930 Rca Boulevard, Suite 3000 in Palm Beach Gardens, Florida that received a Coronavirus-related PPP loan from the SBA of $3,521,055.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
256Loan Approved:
2020-04-07Lender:
TRUIST BANK D/B/A BRANCH BANKING & TRUST COAgilis Engineering Inc received a Paycheck Protection Loan of $3.52M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Agilis Engineering Inc's total 2019 payroll expenses were approximately $16.9M in order to qualify for the PPP loan amount received.
Based on their reported 256 jobs retained, this equals an estimated average yearly compensation of $66,020 per employee1.
Business Information - Agilis Engineering Inc in Palm Beach Gardens, FL
3930 Rca Boulevard, Suite 3000
Palm Beach Gardens, FL 33410
Business Industry
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-18Similar Companies near Palm Beach Gardens
In the Palm Beach Gardens area, 23 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 42 employees (compared to this company's 256) and received an average PPP loan of $653,433 (compared to this company's $3.52M).
Similar Nearby Businesses Who Received PPP Funding:
American Petroleum Inc
West Palm Beach, FL
WGI, Inc.
West Palm Beach, FL
Tierra South Florida Inc
West Palm Beach, FL
Curtis Sinclair Inc
Palm Beach Gardens, FL
Engineered Power Products Inc
Royal Palm Beach, FL
Herplaz Group Inc
Palm Beach, FL
The Km Partners, Inc.
West Palm Beach, FL
Agilis Management, Inc.
Palm Beach Gardens, FL
Mower Mate Inc
Royal Palm Beach, FL
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 95% lower than Agilis Engineering Inc's reported 256 employees, and received an average PPP loan of $249,856, 93% lower than this company's loan of $3.52M.
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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