PPP Loan Data — David S. Brown Enterprises, Owings Mills, MD
David S. Brown Enterprises is a subchapter s corporation located at 100 Painters Mill Road in Owings Mills, Maryland that received a Coronavirus-related PPP loan from the SBA of $2,887,027.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
David S. Brown Enterprises received a Paycheck Protection Loan of $2.89M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, David S. Brown Enterprises' total 2019 payroll expenses were approximately $13.86M in order to qualify for the PPP loan amount received.
Based on their reported 217 jobs retained, this equals an estimated average yearly compensation of $63,861 per employee1.
Business Information - David S. Brown Enterprises in Owings Mills, MD
100 Painters Mill Road
Owings Mills, MD 21117
Lessors of Other Real Estate Property (NAICS code 531190)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-03
Similar Companies near Owings Mills
In the Owings Mills area, 2 businesses in the "Lessors of Other Real Estate Property" industry received a PPP loan. These local businesses reported an average of 109 employees (compared to this company's 217) and received an average PPP loan of $1,615,110 (compared to this company's $2.89M).
Similar Nearby Businesses Who Received PPP Funding:
Residential Realty Group, Inc.
Owings Mills, MD
Industry PPP Comparison Statistics
Nationwide, 8,405 businesses in the "Lessors of Other Real Estate Property" industry received a total of $566,351,970.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 97% lower than David S. Brown Enterprises' reported 217 employees, and received an average PPP loan of $67,383, 98% lower than this company's loan of $2.89M.
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.
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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