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PPP Loan Data — Eric Liftin,
Brooklyn, NY
Eric Liftin
Entity: Sole Proprietorship
Industry: Architectural Services
Location: Brooklyn, NY
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Eric Liftin is a sole proprietorship located at 68 Jay Street #501 in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $61,898.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
4Loan Approved:
2020-05-02Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONEric Liftin received a Paycheck Protection Loan of $61,898 through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Eric Liftin's total 2019 payroll expenses were approximately $297,110 in order to qualify for the PPP loan amount received.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $74,278 per employee1.
Business Information - Eric Liftin in Brooklyn, NY
68 Jay Street #501
Brooklyn, NY 11201
Business Industry
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-07Similar Companies near Brooklyn
In the Brooklyn area, 65 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 4) and received an average PPP loan of $143,960 (compared to this company's $61,898).
Similar Nearby Businesses Who Received PPP Funding:
Cameron Associates Inc
Brooklyn, NY
Meshberg Group Architects PC
Brooklyn, NY
Shenton Architects LLP
Brooklyn, NY
Michael Scaduto Architect PLLC
Brooklyn, NY
Barrett Design LLC
Brooklyn, NY
Spatial Compass
Brooklyn, NY
Eponymous Architecture, PLLC
Brooklyn, NY
Steven M Yang Architect LLC
Brooklyn, NY
Eugene Colberg, Aia
Brooklyn, NY
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, 100% higher than Eric Liftin's reported 4 employees, and received an average PPP loan of $149,750, 142% higher than this company's loan of $61,898.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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