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PPP Loan Data — Fors Marsh Group LLC,
Arlington, VA
Fors Marsh Group LLC
Entity: Limited Liability Company (LLC)
Industry: Research and Development in the Social Sciences and Humanities
Location: Arlington, VA
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Fors Marsh Group LLC is a limited liability company (LLC) located at 1010 N Glebe Rd in Arlington, Virginia that received a Coronavirus-related PPP loan from the SBA of $4,460,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
274Loan Approved:
2020-04-13Lender:
PNC BANK, NATIONAL ASSOCIATIONFors Marsh Group LLC in Arlington, VA received a Paycheck Protection Loan of $4.46M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Fors Marsh Group LLC's total 2019 payroll expenses were approximately $21.41M in order to qualify for the PPP loan amount received.
Based on their reported 274 jobs retained, this equals an estimated average yearly compensation of $78,131 per employee1.
Business Information - Fors Marsh Group LLC in Arlington, VA
1010 N Glebe Rd
Arlington, VA 22201
Business Industry
Research and Development in the Social Sciences and Humanities (NAICS code 541720)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: VA-08Industry PPP Comparison Statistics
Nationwide, 1,676 businesses in the "Research and Development in the Social Sciences and Humanities" industry received a total of $312,582,454.00 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 12 employees, 96% lower than Fors Marsh Group LLC's reported 274 employees, and received an average PPP loan of $186,505, 96% lower than this company's loan of $4.46M.
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.
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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