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PPP Loan Data — County Agency Of NY LLC, Brooklyn, NY

SBA PPP loan data, payroll data, and salaries for County Agency Of NY LLC
NY

County Agency Of NY LLC

Entity: Limited Liability Company (LLC)

Industry: Offices of All Other Miscellaneous Health Practitioners

Location: Brooklyn, NY

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County Agency Of NY LLC is a limited liability company (LLC) located at 204 Broadway in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $2,679,970.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$2.68M

Jobs Retained:

470

Loan Approved:

2020-05-01

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

County Agency Of NY LLC received a Paycheck Protection Loan of $2.68M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, County Agency Of NY LLC's total 2019 payroll expenses were approximately $12.86M in order to qualify for the PPP loan amount received.

Based on their reported 470 jobs retained, this equals an estimated average yearly compensation of $27,370 per employee1.

Because the loan received by County Agency Of NY LLC 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 - County Agency Of NY LLC in Brooklyn, NY

County Agency Of NY LLC
204 Broadway
Brooklyn, NY 11211

Business Industry

Offices of All Other Miscellaneous Health Practitioners (NAICS code 621399)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-12

Similar Companies near Brooklyn

In the Brooklyn area, 14 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a PPP loan. These local businesses reported an average of 43 employees (compared to this company's 470) and received an average PPP loan of $208,180 (compared to this company's $2.68M).

Industry PPP Comparison Statistics

Nationwide, 30,902 businesses in the "Offices of All Other Miscellaneous Health Practitioners" industry received a total of $1,607,882,026.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, 99% lower than County Agency Of NY LLC's reported 470 employees, and received an average PPP loan of $52,032, 98% lower than this company's loan of $2.68M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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/county-agency-of-ny-llc-brooklyn-ny