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PPP Loan Data — CA Lindman, Inc, Jessup, MD

SBA PPP loan data, payroll data, and salaries for CA Lindman, Inc
MD

CA Lindman, Inc

Entity: Subchapter S Corporation

Industry: All Other Specialty Trade Contractors

Location: Jessup, MD

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CA Lindman, Inc is a subchapter s corporation located at 10401 Guilford Road in Jessup, Maryland that received a Coronavirus-related PPP loan from the SBA of $2,709,300.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.71M

Jobs Retained:

209

Loan Approved:

2020-04-08

Lender:

FIRST NATIONAL BANK OF PENNSYLVANIA

CA Lindman, Inc in Jessup, MD received a Paycheck Protection Loan of $2.71M through FIRST NATIONAL BANK OF PENNSYLVANIA, which was approved in April, 2020.

Based on standard PPP eligibility rules, CA Lindman, Inc's total 2019 payroll expenses were approximately $13M in order to qualify for the PPP loan amount received.

Based on their reported 209 jobs retained, this equals an estimated average yearly compensation of $62,223 per employee1.

Because the loan received by CA Lindman, Inc 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 - CA Lindman, Inc in Jessup, MD

CA Lindman, Inc
10401 Guilford Road
Jessup, MD 20794

Business Industry

All Other Specialty Trade Contractors (NAICS code 238990)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MD-02

Similar Companies near Jessup

In the Jessup area, 11 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 209) and received an average PPP loan of $575,905 (compared to this company's $2.71M).

Industry PPP Comparison Statistics

Nationwide, 44,474 businesses in the "All Other Specialty Trade Contractors" industry received a total of $5,068,221,395.00 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 9 employees, 96% lower than CA Lindman, Inc's reported 209 employees, and received an average PPP loan of $113,959, 96% lower than this company's loan of $2.71M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ca-lindman-inc-jessup-md