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PPP Loan Data — Centurum Inc,
Marlton, NJ
Centurum Inc
Entity: Corporation
Industry: Engineering Services
Location: Marlton, NJ
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Centurum Inc is a corporation located at 651 Route 73 North Ste 107 in Marlton, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,875,008.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
265Loan Approved:
2020-04-14Lender:
REPUBLIC FIRST BANK D/B/A REPUBLIC BANKCenturum Inc in Marlton, NJ received a Paycheck Protection Loan of $4.88M through REPUBLIC FIRST BANK D/B/A REPUBLIC BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Centurum Inc's total 2019 payroll expenses were approximately $23.4M in order to qualify for the PPP loan amount received.
Based on their reported 265 jobs retained, this equals an estimated average yearly compensation of $88,302 per employee1.
Business Information - Centurum Inc in Marlton, NJ
651 Route 73 North Ste 107
Marlton, NJ 08053
Business Industry
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NJ-03Similar Companies near Marlton
In the Marlton area, 15 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 265) and received an average PPP loan of $499,669 (compared to this company's $4.88M).
Similar Nearby Businesses Who Received PPP Funding:
AIV Solutions, LLC
Mount Laurel, NJ
Atts Inc
Marlton, NJ
William H Nicholson Associates PA
Mount Laurel, NJ
Environmental Resolutions, Inc.
Mount Laurel Township, NJ
Engineering And Building Inspection Consultants
Marlton, NJ
The Tridyn Group LLC
Marlton, NJ
Michael A Beach & Associates LLC
Mt Laurel, NJ
Fasano Acchione & Associates LLC
Mount Laurel, NJ
Mark Magrann Associates, Inc.
Mount Laurel, NJ
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, 95% lower than Centurum Inc's reported 265 employees, and received an average PPP loan of $249,856, 95% lower than this company's loan of $4.88M.
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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