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PPP Loan Data — AUS, Inc., Mount Laurel, NJ

SBA PPP loan data, payroll data, and salaries for AUS, Inc.
NJ

AUS, Inc.

Entity: Corporation

Industry: Offices of Real Estate Appraisers

Location: Mount Laurel, NJ

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AUS, Inc. is a corporation located at 155 Gaither Drive Suite A in Mount Laurel, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,704,580.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.7M

Jobs Retained:

460

Loan Approved:

2020-04-27

Lender:

REPUBLIC FIRST BANK D/B/A REPUBLIC BANK

AUS, Inc. received a Paycheck Protection Loan of $3.7M through REPUBLIC FIRST BANK D/B/A REPUBLIC BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, AUS, Inc.'s total 2019 payroll expenses were approximately $17.78M in order to qualify for the PPP loan amount received.

Based on their reported 460 jobs retained, this equals an estimated average yearly compensation of $38,656 per employee1.

Because the loan received by AUS, 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 - AUS, Inc. in Mount Laurel, NJ

AUS, Inc.
155 Gaither Drive Suite A
Mount Laurel, NJ 8054

Business Industry

Offices of Real Estate Appraisers (NAICS code 531320)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NJ-03

Similar Companies near Mount Laurel

In the Mount Laurel area, 5 businesses in the "Offices of Real Estate Appraisers" industry received a PPP loan. These local businesses reported an average of 93 employees (compared to this company's 460) and received an average PPP loan of $753,065 (compared to this company's $3.7M).

Industry PPP Comparison Statistics

Nationwide, 7,527 businesses in the "Offices of Real Estate Appraisers" industry received a total of $264,705,571.00 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 3 employees, 99% lower than AUS, Inc.'s reported 460 employees, and received an average PPP loan of $35,167, 99% lower than this company's loan of $3.7M.

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, 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.

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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/aus-inc-mount-laurel-nj