PPP Loan Data — Butler/Till Media Services Inc, Rochester, NY
Butler/Till Media Services Inc is a corporation located at 1565 Jefferson in Rochester, New York that received a Coronavirus-related PPP loan from the SBA of $2,629,900.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 166 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE BANK OF CASTILE
Butler/Till Media Services Inc in Rochester, NY received a Paycheck Protection Loan of $2.63M through THE BANK OF CASTILE, which was approved in April, 2020.
Based on standard PPP eligibility rules, Butler/Till Media Services Inc's total 2019 payroll expenses were approximately $12.62M in order to qualify for the PPP loan amount received.
Based on their reported 166 jobs retained, this equals an estimated average yearly compensation of $76,045 per employee1.
Business Information - Butler/Till Media Services Inc in Rochester, NY
Rochester, NY 14623
Media Buying Agencies (NAICS code 541830)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: NY-25
Industry PPP Comparison Statistics
Nationwide, 403 businesses in the "Media Buying Agencies" industry received a total of $77,899,547.00 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, 94% lower than Butler/Till Media Services Inc's reported 166 employees, and received an average PPP loan of $193,299, 93% lower than this company's loan of $2.63M.
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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