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PPP Loan Data — George Hepburn,
Severna Park, MD
George Hepburn
Entity: Corporation
Industry: All Other Health and Personal Care Stores
Location: Severna Park, MD
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George Hepburn is a corporation located at 770 Ritchie Hwy in Severna Park, Maryland that received a Coronavirus-related PPP loan from the SBA of $3,690,527.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 290 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
290Loan Approved:
2020-04-09Lender:
SANDY SPRING BANKGeorge Hepburn in Severna Park, MD received a Paycheck Protection Loan of $3.69M through SANDY SPRING BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, George Hepburn's total 2019 payroll expenses were approximately $17.71M in order to qualify for the PPP loan amount received.
Based on their reported 290 jobs retained, this equals an estimated average yearly compensation of $61,085 per employee1.
Business Information - George Hepburn in Severna Park, MD
770 Ritchie Hwy
Severna Park, MD 21146
Business Industry
All Other Health and Personal Care Stores (NAICS code 446199)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: MD-04Similar Companies near Severna Park
In the Severna Park area, 3 businesses in the "All Other Health and Personal Care Stores" industry received a PPP loan. These local businesses reported an average of 101 employees (compared to this company's 290) and received an average PPP loan of $1,276,191 (compared to this company's $3.69M).
Similar Nearby Businesses Who Received PPP Funding:
High Precision Compnonents
Severna Park, MD
Fabu LLC
Severna Park, MD
Industry PPP Comparison Statistics
Nationwide, 5,159 businesses in the "All Other Health and Personal Care Stores" industry received a total of $342,344,081.00 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 7 employees, 98% lower than George Hepburn's reported 290 employees, and received an average PPP loan of $66,359, 98% lower than this company's loan of $3.69M.
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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