PPP Loan Data — C&A Marketing, Inc, Edison, NJ
C&A Marketing, Inc is a subchapter s corporation located at 114 Tived Lane East 0 in Edison, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,364,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
C&A Marketing, Inc in Edison, NJ received a Paycheck Protection Loan of $2.36M through Citibank, N.A., which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, C&A Marketing, Inc's 2019 payroll expenses are estimated to be at least $11.35M.
Based on their reported 172 jobs retained, this equals an estimated average yearly compensation of $65,972 per employee1
Reported PPP Proceed Usage:
On the PPP application, C&A Marketing, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,364,000
Business Information - C&A Marketing, Inc in Edison, NJ
114 Tived Lane East 0
Edison, NJ 8837
Marketing Consulting Services
NAICS code 541613
Business Owner Demographics
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Edison
In the Edison area, 10 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 172) and received an average PPP loan of $450,766 (compared to this company's $2.36M).
Similar Nearby Businesses Who Received PPP Funding:
Saks Health LLC
Zink Holdings LLC
Harvest Trading Corporation
Industry PPP Comparison Statistics
Nationwide, 86,997 businesses in the "Marketing Consulting Services" industry received a total of $3.45B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 3 employees, 98% lower than C&A Marketing, Inc's reported 172 employees, and received an average PPP loan of $39,652, 98% lower than this company's loan of $2.36M.
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Footnotes & Information
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