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PPP Loan Data — Goldberg Companies, Inc.,
Beachwood, OH
Goldberg Companies, Inc.
Entity: Corporation
Industry: Lessors of Residential Buildings and Dwellings
Location: Beachwood, OH
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Goldberg Companies, Inc. is a corporation located at 25101 Chagrin Blvd in Beachwood, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,020,637.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
245Loan Approved:
2020-04-11Lender:
KEYBANK NATIONAL ASSOCIATIONGoldberg Companies, Inc. in Beachwood, OH received a Paycheck Protection Loan of $4.02M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Goldberg Companies, Inc.'s total 2019 payroll expenses were approximately $19.3M in order to qualify for the PPP loan amount received.
Based on their reported 245 jobs retained, this equals an estimated average yearly compensation of $78,772 per employee1.
Business Information - Goldberg Companies, Inc. in Beachwood, OH
25101 Chagrin Blvd
Beachwood, OH 44122
Business Industry
Lessors of Residential Buildings and Dwellings (NAICS code 531110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OH-11Similar Companies near Beachwood
In the Beachwood area, 28 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 15 employees (compared to this company's 245) and received an average PPP loan of $199,183 (compared to this company's $4.02M).
Similar Nearby Businesses Who Received PPP Funding:
Riviera Apartments Limited
Beachwood, OH
IRA Greenberg & Co LLC
Beachwood, OH
Property Investment Co. - Hawthorne
Beachwood, OH
Retiree Housing Management, Inc.
Beachwood, OH
San Hacienda Apartments, LLC
Beachwood, OH
Bandera Forest Hills LLC
Beachwood, OH
LPG Whitewood LLC
Beachwood, OH
Dover Property II-V, LLC
Beachwood, OH
Belvoir Center Apartments, LTD
Beachwood, OH
Industry PPP Comparison Statistics
Nationwide, 20,568 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $1,664,555,814.00 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, 97% lower than Goldberg Companies, Inc.'s reported 245 employees, and received an average PPP loan of $80,929, 98% lower than this company's loan of $4.02M.
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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