PPP Loan Data — BIG Architecture DPC, Brooklyn, NY
BIG Architecture DPC is a corporation located at 45 Main Street, Suite 900 in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $3,235,648.00 in April, 2020.
$ PPP Loan Information
BIG Architecture DPC received a Paycheck Protection Loan of $3.24M through SIGNATURE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, BIG Architecture DPC's total 2019 payroll expenses were approximately $15.53M in order to qualify for the PPP loan amount received.
Based on their reported 181 jobs retained, this equals an estimated average yearly compensation of $85,807 per employee1.
Business Information - BIG Architecture DPC in Brooklyn, NY
45 Main Street, Suite 900
Brooklyn, NY 11201
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-07
Similar Companies near Brooklyn
In the Brooklyn area, 65 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 181) and received an average PPP loan of $143,960 (compared to this company's $3.24M).
Similar Nearby Businesses Who Received PPP Funding:
Lage Architecture PC
Cheung Showman Architects PLLC
Think! Architecture And Design PLLC
Dash Marshall LLC
Boro Architects LLC
Urban Quotient, The Office Of Samir S Shah Architect, PC
Michael Scaduto Architect PLLC
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, 96% lower than BIG Architecture DPC's reported 181 employees, and received an average PPP loan of $149,750, 95% lower than this company's loan of $3.24M.
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!