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PPP Loan Data — CPL Architects, Engineers, Landscape Architect And Surveyor, Rochester, NY

SBA PPP loan data, payroll data, and salaries for CPL Architects, Engineers, Landscape Architect And Surveyor
NY

CPL Architects, Engineers, Landscape Architect And Surveyor

Entity: Partnership

Industry: Engineering Services

Location: Rochester, NY

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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

Loan Size:

$5.4M

Jobs Retained:

432

Loan Approved:

2020-04-06

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.

Because the loan received by CPL Architects, Engineers, Landscape Architect And Surveyor 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 - CPL Architects, Engineers, Landscape Architect And Surveyor in Rochester, NY

CPL Architects, Engineers, Landscape Architect And Surveyor
205 St Paul S
Rochester, NY 14604

Business Industry

Engineering Services (NAICS code 541330)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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.

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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Source: www.federalpay.org/paycheck-protection-program/cpl-architects-engineers-landscape-architect-and-surveyor-rochester-ny