PPP Loan Data — Burgess & Niple, LTD, Columbus, OH
Burgess & Niple, LTD is a corporation located at 5085 Reed Rd in Columbus, Ohio that received a Coronavirus-related PPP loan from the SBA of $5,588,200.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Burgess & Niple, LTD in Columbus, OH received a Paycheck Protection Loan of $5.59M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Burgess & Niple, LTD's total 2019 payroll expenses were approximately $26.82M in order to qualify for the PPP loan amount received.
Based on their reported 334 jobs retained, this equals an estimated average yearly compensation of $80,309 per employee1.
Business Information - Burgess & Niple, LTD in Columbus, OH
5085 Reed Rd
Columbus, OH 43220
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-15
Similar Companies near Columbus
In the Columbus area, 8 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 57 employees (compared to this company's 334) and received an average PPP loan of $1,033,301 (compared to this company's $5.59M).
Similar Nearby Businesses Who Received PPP Funding:
Kenexis Consulting Corporation
Upper Arlngtn, OH
Engineering Mechanics Corporation Of Columbus
Upper Arlington, OH
M2 Design Group, LLC
Sands Decker Cps, LLC
Roger D Fields Associates Inc
Ehlers Engineering, LLC
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 Burgess & Niple, LTD's reported 334 employees, and received an average PPP loan of $249,856, 96% lower than this company's loan of $5.59M.
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.
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