FederalPay.org
PPP Loan Data — Art Guild Of Philadelphia, Inc.,
West Deptford, NJ
Art Guild Of Philadelphia, Inc.
Entity: Corporation
Industry: All Other Miscellaneous Manufacturing
Location: West Deptford, NJ
Tweet This
•
Search All PPP Data
Art Guild Of Philadelphia, Inc. is a corporation located at 300 Wolf Drive in West Deptford, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,417,400.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-30Lender:
CITIZENS BANK, NATIONAL ASSOCIATIONArt Guild Of Philadelphia, Inc. in West Deptford, NJ received a Paycheck Protection Loan of $4.42M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Art Guild Of Philadelphia, Inc.'s total 2019 payroll expenses were approximately $21.2M in order to qualify for the PPP loan amount received.
Unlike most businesses, Art Guild Of Philadelphia, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Art Guild Of Philadelphia, Inc. in West Deptford, NJ
300 Wolf Drive
West Deptford, NJ 8086
Business Industry
All Other Miscellaneous Manufacturing (NAICS code 339999)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NJ-01Similar Companies near West Deptford
In the West Deptford area, 2 businesses in the "All Other Miscellaneous Manufacturing" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $2,216,000 (compared to this company's $4.42M).
Similar Nearby Businesses Who Received PPP Funding:
Kershaw Instrumentation LLC
Woolwich Twp, NJ
Industry PPP Comparison Statistics
Nationwide, 8,697 businesses in the "All Other Miscellaneous Manufacturing" industry received a total of $1,285,606,911.00 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, and received an average PPP loan of $147,822, 97% lower than this company's loan of $4.42M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!