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PPP Loan Data — Goldoller Management Services, LLC, Philadelphia, PA

SBA PPP loan data, payroll data, and salaries for Goldoller Management Services, LLC
PA

Goldoller Management Services, LLC

Entity: Corporation

Industry: Lessors of Residential Buildings and Dwellings

Location: Philadelphia, PA

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Goldoller Management Services, LLC is a corporation located at 107 South 2nd Street in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,952,690.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 367 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.95M

Jobs Retained:

367

Loan Approved:

2020-04-15

Lender:

SIGNATURE BANK

Goldoller Management Services, LLC in Philadelphia, PA received a Paycheck Protection Loan of $3.95M through SIGNATURE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Goldoller Management Services, LLC's total 2019 payroll expenses were approximately $18.97M in order to qualify for the PPP loan amount received.

Based on their reported 367 jobs retained, this equals an estimated average yearly compensation of $51,697 per employee1.

Because the loan received by Goldoller Management Services, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Goldoller Management Services, LLC in Philadelphia, PA

Goldoller Management Services, LLC
107 South 2nd Street
Philadelphia, PA 19106

Business Industry

Lessors of Residential Buildings and Dwellings (NAICS code 531110)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: PA-03

Similar Companies near Philadelphia

In the Philadelphia area, 4 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 105 employees (compared to this company's 367) and received an average PPP loan of $1,139,933 (compared to this company's $3.95M).

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, 98% lower than Goldoller Management Services, LLC's reported 367 employees, and received an average PPP loan of $80,929, 98% lower than this company's loan of $3.95M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/goldoller-management-services-llc-philadelphia-pa