PPP Loan Data — CA Lindman, Inc, Jessup, MD
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
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.
Business Information - CA Lindman, Inc in Jessup, MD
10401 Guilford Road
Jessup, MD 20794
All Other Specialty Trade Contractors (NAICS code 238990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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).
Similar Nearby Businesses Who Received PPP Funding:
Structa-Bond Of Maryland
Custom Park Services Inc
Potomac Abatement Inc
Potomac Remediation Services LLC
Nexterior Contacting, LLC
Paradise Pools, Inc
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.
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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