FederalPay.org
PPP Loan Data — AJ Images, Inc,
Roselle, NJ
AJ Images, Inc
Entity: Corporation
Industry: Commercial Printing (except Screen and Books)
Location: Roselle, NJ
Tweet This
•
Search All PPP Data
AJ Images, Inc is a corporation located at 259-63 East 1st Avenue in Roselle, New Jersey that received a Coronavirus-related PPP loan from the SBA of $257,487.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
23Loan Approved:
2020-04-28Lender:
TD BANK, NATIONAL ASSOCIATIONAJ Images, Inc received a Paycheck Protection Loan of $257,487 through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, AJ Images, Inc's total 2019 payroll expenses were approximately $1.24M in order to qualify for the PPP loan amount received.
Based on their reported 23 jobs retained, this equals an estimated average yearly compensation of $53,736 per employee1.
Business Information - AJ Images, Inc in Roselle, NJ
259-63 East 1st Avenue
Roselle, NJ 7203
Business Industry
Commercial Printing (except Screen and Books) (NAICS code 323111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NJ-10Similar Companies near Roselle
In the Roselle area, 3 businesses in the "Commercial Printing (except Screen and Books)" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 23) and received an average PPP loan of $1,161,048 (compared to this company's $257,487).
Similar Nearby Businesses Who Received PPP Funding:
Global Force Management LLC
Roselle, NJ
Pamarco Global Graphics, Inc.
Roselle, NJ
Industry PPP Comparison Statistics
Nationwide, 13,022 businesses in the "Commercial Printing (except Screen and Books)" industry received a total of $1,940,592,408.00 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, 48% lower than AJ Images, Inc's reported 23 employees, and received an average PPP loan of $149,024, 42% lower than this company's loan of $257,487.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!