PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Brodart Co., Williamsport, PA

SBA PPP loan data, payroll data, and salaries for Brodart Co.
PA

Brodart Co.

Entity: Partnership

Industry: Book Stores

Location: Williamsport, PA

Search All PPP Data

Brodart Co. is a partnership located at 500 Arch St. in Williamsport, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,772,000.00 in April, 2020.

The company has reported itself as a White female owned business, and employed at least 401 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.77M

Jobs Retained:

401

Loan Approved:

2020-04-10

Lender:

THE HUNTINGTON NATIONAL BANK

Brodart Co. in Williamsport, PA received a Paycheck Protection Loan of $3.77M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Brodart Co.'s total 2019 payroll expenses were approximately $18.11M in order to qualify for the PPP loan amount received.

Based on their reported 401 jobs retained, this equals an estimated average yearly compensation of $45,151 per employee1.

Because the loan received by Brodart Co. 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 - Brodart Co. in Williamsport, PA

Brodart Co.
500 Arch St.
Williamsport, PA 17701

Business Industry

Book Stores (NAICS code 451211)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: FEMALE OWNED

Veteran Status: NON-VETERAN

Congressional District: PA-12

Similar Companies near Williamsport

In the Williamsport area, 2 businesses in the "Book Stores" industry received a PPP loan. These local businesses reported an average of 203 employees (compared to this company's 401) and received an average PPP loan of $1,903,950 (compared to this company's $3.77M).

Similar Nearby Businesses Who Received PPP Funding:

Iskat Holdings LLC
Williamsport, PA

$35,900 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 2,218 businesses in the "Book Stores" industry received a total of $126,763,084.00 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, 98% lower than Brodart Co.'s reported 401 employees, and received an average PPP loan of $57,152, 98% lower than this company's loan of $3.77M.

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.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/brodart-co-williamsport-pa