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PPP Loan Data — Data Computer Corporation Of America, Ellicott City, MD

SBA PPP loan data, payroll data, and salaries for Data Computer Corporation Of America
MD

Data Computer Corporation Of America

Entity: Corporation

Industry: Computer Systems Design Services

Location: Ellicott City, MD

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Data Computer Corporation Of America is a corporation located at 5310 Dorsey Hall Dr in Ellicott City, Maryland that received a Coronavirus-related PPP loan from the SBA of $4,303,669.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 262 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$4.3M

Jobs Retained:

262

Loan Approved:

2020-04-12

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

Data Computer Corporation Of America in Ellicott City, MD received a Paycheck Protection Loan of $4.3M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Data Computer Corporation Of America's total 2019 payroll expenses were approximately $20.66M in order to qualify for the PPP loan amount received.

Based on their reported 262 jobs retained, this equals an estimated average yearly compensation of $78,846 per employee1.

Because the loan received by Data Computer Corporation Of America 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 - Data Computer Corporation Of America in Ellicott City, MD

Data Computer Corporation Of America
5310 Dorsey Hall Dr
Ellicott City, MD 21042

Business Industry

Computer Systems Design Services (NAICS code 541512)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: MD-07

Similar Companies near Ellicott City

In the Ellicott City area, 18 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 262) and received an average PPP loan of $303,600 (compared to this company's $4.3M).

Industry PPP Comparison Statistics

Nationwide, 17,994 businesses in the "Computer Systems Design Services" industry received a total of $3,264,251,371.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 10 employees, 96% lower than Data Computer Corporation Of America's reported 262 employees, and received an average PPP loan of $181,408, 96% lower than this company's loan of $4.3M.

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.

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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/data-computer-corporation-of-america-ellicott-city-md