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PPP Loan Data — AMG Resources Corporation, Pittsburgh, PA

SBA PPP loan data, payroll data, and salaries for AMG Resources Corporation

AMG Resources Corporation

Entity: Corporation

Industry: Recyclable Material Merchant Wholesalers

Location: Pittsburgh, PA

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AMG Resources Corporation is a corporation located at 2 Robinson Plz in Pittsburgh, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,698,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




AMG Resources Corporation in Pittsburgh, PA received a Paycheck Protection Loan of $2.7M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, AMG Resources Corporation's total 2019 payroll expenses were approximately $12.95M in order to qualify for the PPP loan amount received.

Based on their reported 151 jobs retained, this equals an estimated average yearly compensation of $85,783 per employee1.

Because the loan received by AMG Resources Corporation is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - AMG Resources Corporation in Pittsburgh, PA

AMG Resources Corporation
2 Robinson Plz
Pittsburgh, PA 15205

Business Industry

Recyclable Material Merchant Wholesalers (NAICS code 423930)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: PA-17

Similar Companies near Pittsburgh

In the Pittsburgh area, 2 businesses in the "Recyclable Material Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 77 employees (compared to this company's 151) and received an average PPP loan of $1,352,395 (compared to this company's $2.7M).

Similar Nearby Businesses Who Received PPP Funding:

Arrow Construction Services, LLC
Pittsburgh, PA

$6,190 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 4,300 businesses in the "Recyclable Material Merchant Wholesalers" industry received a total of $657,310,017.00 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 14 employees, 91% lower than AMG Resources Corporation's reported 151 employees, and received an average PPP loan of $152,863, 94% lower than this company's loan of $2.7M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By - The Civil Employee's Resource **