PPP Loan Data — Bernstein Management Corporation,
Washington, DC
Bernstein Management Corporation
Entity: Corporation
Industry: Residential Property Managers
Location: Washington, DC

Bernstein Management Corporation is a corporation located at 5301 Wisconsin Avenue Nw, Suite 500 in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $2,911,134.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
206Loan Approved:
2020-04-10Lender:
SANDY SPRING BANKBernstein Management Corporation received a Paycheck Protection Loan of $2.91M through SANDY SPRING BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bernstein Management Corporation's total 2019 payroll expenses were approximately $13.97M in order to qualify for the PPP loan amount received.
Based on their reported 206 jobs retained, this equals an estimated average yearly compensation of $67,832 per employee1.
Business Information - Bernstein Management Corporation in Washington, DC
5301 Wisconsin Avenue Nw, Suite 500
Washington, DC 20015
Business Industry
Residential Property Managers (NAICS code 531311)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: DC-Similar Companies near Washington
In the Washington area, 7 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 206) and received an average PPP loan of $438,311 (compared to this company's $2.91M).
Similar Nearby Businesses Who Received PPP Funding:
Adam Crain
Washington, DC
Washington Area Properties LLC
Washington, DC
Magdieli Property Management, LLC
Washington, DC
Susan Young
Washington, DC
Betterspace, LLC
Washington, DC
Home Sweet City LLC
Washington, DC
Industry PPP Comparison Statistics
Nationwide, 20,591 businesses in the "Residential Property Managers" industry received a total of $2,358,014,158.00 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 10 employees, 95% lower than Bernstein Management Corporation's reported 206 employees, and received an average PPP loan of $114,517, 96% lower than this company's loan of $2.91M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!