PPP Loan Data — DV Robertson Group LLC, Berlin, MD
DV Robertson Group LLC is a limited liability company (LLC) located at 11312 Manklin Creek Road Unit 3 in Berlin, Maryland that received a Coronavirus-related PPP loan from the SBA of $46,295.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Manufacturers and Traders Trust Company
DV Robertson Group LLC in Berlin, MD received a Paycheck Protection Loan of $46,295 through Manufacturers and Traders Trust Company, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, DV Robertson Group LLC's 2019 payroll expenses are estimated to be at least $222,216.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,443 per employee1
Reported PPP Proceed Usage:
On the PPP application, DV Robertson Group LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $37,295
- Rent: $9,000
Business Information - DV Robertson Group LLC in Berlin, MD
11312 Manklin Creek Road Unit 3
Berlin, MD 21811
NAICS code 236118
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Berlin
In the Berlin area, 13 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 5) and received an average PPP loan of $21,720 (compared to this company's $46,295).
Similar Nearby Businesses Who Received PPP Funding:
Construction Delmarva, LLC
Emerald Isle Drywall, Inc
Stimis Enterprises LLC
Covenant Contractors, LLC
Pipeline Contracting, LLC
Ocean Pines, MD
Eastern Shore Contracting LLC
Vasco Property Services
Industry PPP Comparison Statistics
Nationwide, 175,017 businesses in the "Residential Remodelers" industry received a total of $5.32B 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 3 employees, 40% lower than DV Robertson Group LLC's reported 5 employees, and received an average PPP loan of $30,405, 34% lower than this company's loan of $46,295.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!