FederalPay.org
PPP Loan Data — Beltway International LLC,
Baltimore, MD
Beltway International LLC
Entity: Partnership
Industry: Automobile and Other Motor Vehicle Merchant Wholesalers
Location: Baltimore, MD
Tweet This
•
Search All PPP Data
Beltway International LLC is a partnership located at 1800 Sulphur Spring Rd in Baltimore, Maryland that received a Coronavirus-related PPP loan from the SBA of $3,163,300.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
209Loan Approved:
2020-04-13Lender:
PNC BANK, NATIONAL ASSOCIATIONBeltway International LLC in Baltimore, MD received a Paycheck Protection Loan of $3.16M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Beltway International LLC's total 2019 payroll expenses were approximately $15.18M in order to qualify for the PPP loan amount received.
Based on their reported 209 jobs retained, this equals an estimated average yearly compensation of $72,650 per employee1.
Business Information - Beltway International LLC in Baltimore, MD
1800 Sulphur Spring Rd
Baltimore, MD 21227
Business Industry
Automobile and Other Motor Vehicle Merchant Wholesalers (NAICS code 423110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MD-03Similar Companies near Baltimore
In the Baltimore area, 2 businesses in the "Automobile and Other Motor Vehicle Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 105 employees (compared to this company's 209) and received an average PPP loan of $1,583,275 (compared to this company's $3.16M).
Similar Nearby Businesses Who Received PPP Funding:
GLK Transports LLC
Halethorpe, MD
Industry PPP Comparison Statistics
Nationwide, 4,037 businesses in the "Automobile and Other Motor Vehicle Merchant Wholesalers" industry received a total of $746,857,572.00 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 15 employees, 93% lower than Beltway International LLC's reported 209 employees, and received an average PPP loan of $185,003, 94% lower than this company's loan of $3.16M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!