PPP Loan Data — Environment&Energy Publishing, Washington, DC
Environment&Energy Publishing is a corporation located at 122 C St Nw Suite 722 in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $1,910,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 92 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Environment&Energy Publishing in Washington, DC received a Paycheck Protection Loan of $1.91M through United Bank, which was approved in April, 2020.
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, Environment&Energy Publishing's 2019 payroll expenses are estimated to be at least $9.17M.
Based on their reported 92 jobs retained, this equals an estimated average yearly compensation of $99,652 per employee1
Reported PPP Proceed Usage:
On the PPP application, Environment&Energy Publishing reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,910,000
Business Information - Environment&Energy Publishing in Washington, DC
122 C St Nw Suite 722
Washington, DC 20001
NAICS code 511110
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Washington
In the Washington area, 2 businesses in the "Newspaper Publishers" industry received a PPP loan. These local businesses reported an average of 47 employees (compared to this company's 92) and received an average PPP loan of $970,450 (compared to this company's $1.91M).
Similar Nearby Businesses Who Received PPP Funding:
The Washington Times Foundation Inc
Industry PPP Comparison Statistics
Nationwide, 5,172 businesses in the "Newspaper Publishers" industry received a total of $790.86M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 18 employees, 80% lower than Environment&Energy Publishing's reported 92 employees, and received an average PPP loan of $152,912, 92% lower than this company's loan of $1.91M.
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Footnotes & Information
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