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PPP Loan Data — Antea USA Inc, Saint Paul, MN

SBA PPP loan data, payroll data, and salaries for Antea USA Inc
MN

Antea USA Inc

Entity: Corporation

Industry: Environmental Consulting Services

Location: Saint Paul, MN

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Antea USA Inc is a corporation located at 5910 Rice Creek Parkway in Saint Paul, Minnesota that received a Coronavirus-related PPP loan from the SBA of $6,605,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$6.61M

Jobs Retained:

365

Loan Approved:

2020-04-07

Lender:

PNC BANK, NATIONAL ASSOCIATION

Antea USA Inc received a Paycheck Protection Loan of $6.61M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Antea USA Inc's total 2019 payroll expenses were approximately $31.7M in order to qualify for the PPP loan amount received.

Based on their reported 365 jobs retained, this equals an estimated average yearly compensation of $86,862 per employee1.

Because the loan received by Antea USA Inc 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 - Antea USA Inc in Saint Paul, MN

Antea USA Inc
5910 Rice Creek Parkway
Saint Paul, MN 55126

Business Industry

Environmental Consulting Services (NAICS code 541620)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MN-04

Similar Companies near Saint Paul

In the Saint Paul area, 3 businesses in the "Environmental Consulting Services" industry received a PPP loan. These local businesses reported an average of 122 employees (compared to this company's 365) and received an average PPP loan of $2,213,231 (compared to this company's $6.61M).

Industry PPP Comparison Statistics

Nationwide, 5,531 businesses in the "Environmental Consulting Services" industry received a total of $781,797,982.00 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 9 employees, 98% lower than Antea USA Inc's reported 365 employees, and received an average PPP loan of $141,348, 98% lower than this company's loan of $6.61M.

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.

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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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/antea-usa-inc-saint-paul-mn