PPP Loan Data — Aronson LLC, Rockville, MD
Aronson LLC is a limited liability company (LLC) located at 111 Rockville Pike in Rockville, Maryland that received a Coronavirus-related PPP loan from the SBA of $5,157,800.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Aronson LLC in Rockville, MD received a Paycheck Protection Loan of $5.16M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Aronson LLC's total 2019 payroll expenses were approximately $24.76M in order to qualify for the PPP loan amount received.
Based on their reported 275 jobs retained, this equals an estimated average yearly compensation of $90,027 per employee1.
Business Information - Aronson LLC in Rockville, MD
111 Rockville Pike
Rockville, MD 20850
Offices of Certified Public Accountants (NAICS code 541211)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-08
Similar Companies near Rockville
In the Rockville area, 30 businesses in the "Offices of Certified Public Accountants" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 275) and received an average PPP loan of $305,101 (compared to this company's $5.16M).
Similar Nearby Businesses Who Received PPP Funding:
Deva & Associates PC
Evan Silverman CPA LLC
Arkin & Company, Chartered
Ludon Fetterolf Corydon
Secker & Associates, PC
Brooks Harrison Co LLC
Lindeire & Company International, LLC
James Magno,CPA LLC
Industry PPP Comparison Statistics
Nationwide, 37,661 businesses in the "Offices of Certified Public Accountants" industry received a total of $3,350,637,371.00 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 6 employees, 98% lower than Aronson LLC's reported 275 employees, and received an average PPP loan of $88,968, 98% lower than this company's loan of $5.16M.
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.
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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