PPP Loan Data — Bard Rao & Athanas Consulting Engineers, LLC, Brighton, MA
Bard Rao & Athanas Consulting Engineers, LLC is a limited liability company (LLC) located at 10 Guest St in Brighton, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $7,882,650.00 in April, 2020.
$ PPP Loan Information
Lender:UNIBANK FOR SAVINGS
Bard Rao & Athanas Consulting Engineers, LLC received a Paycheck Protection Loan of $7.88M through UNIBANK FOR SAVINGS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bard Rao & Athanas Consulting Engineers, LLC's total 2019 payroll expenses were approximately $37.84M in order to qualify for the PPP loan amount received.
Based on their reported 399 jobs retained, this equals an estimated average yearly compensation of $94,829 per employee1.
Business Information - Bard Rao & Athanas Consulting Engineers, LLC in Brighton, MA
10 Guest St
Brighton, MA 2135
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-07
Similar Companies near Brighton
In the Brighton area, 8 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 61 employees (compared to this company's 399) and received an average PPP loan of $1,192,157 (compared to this company's $7.88M).
Similar Nearby Businesses Who Received PPP Funding:
LIN Associates, Inc.
3D Printsmith LLC
Lemessurier Consultants Inc
Hyde Park, MA
C & C Consulting Engineers LLC
FSL Associates, Inc.
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 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 14 employees, 96% lower than Bard Rao & Athanas Consulting Engineers, LLC's reported 399 employees, and received an average PPP loan of $249,856, 97% lower than this company's loan of $7.88M.
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.
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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