PPP Loan Data — CPL Architects, Engineers, Landscape Architect And Surveyor, Rochester, NY
CPL Architects, Engineers, Landscape Architect And Surveyor is a partnership located at 205 St Paul S in Rochester, New York that received a Coronavirus-related PPP loan from the SBA of $5,400,000.00 in April, 2020.
$ PPP Loan Information
Lender:THE BANK OF CASTILE
CPL Architects, Engineers, Landscape Architect And Surveyor in Rochester, NY received a Paycheck Protection Loan of $5.4M through THE BANK OF CASTILE, which was approved in April, 2020.
Based on standard PPP eligibility rules, CPL Architects, Engineers, Landscape Architect And Surveyor's total 2019 payroll expenses were approximately $25.92M in order to qualify for the PPP loan amount received.
Based on their reported 432 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1.
Business Information - CPL Architects, Engineers, Landscape Architect And Surveyor in Rochester, NY
205 St Paul S
Rochester, NY 14604
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-25
Similar Companies near Rochester
In the Rochester area, 5 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 177 employees (compared to this company's 432) and received an average PPP loan of $2,550,577 (compared to this company's $5.4M).
Similar Nearby Businesses Who Received PPP Funding:
Joseph C Lu Engineering, PC
Turner Integrated Systems LLC
Turner Engineering PC
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, 97% lower than CPL Architects, Engineers, Landscape Architect And Surveyor's reported 432 employees, and received an average PPP loan of $249,856, 95% lower than this company's loan of $5.4M.
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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