PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Guardian Security Services, Inc, New York, NY

SBA PPP loan data, payroll data, and salaries for Guardian Security Services, Inc
NY

Guardian Security Services, Inc

Entity: Corporation

Industry: Security Guards and Patrol Services

Location: New York, NY

Search All PPP Data

Guardian Security Services, Inc is a corporation located at 55 Water Street Lobby Level in New York, New York that received a Coronavirus-related PPP loan from the SBA of $4,224,979.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.22M

Jobs Retained:

0 Unreported

Loan Approved:

2020-04-29

Lender:

CAPITAL ONE, NATIONAL ASSOCIATION

Guardian Security Services, Inc in New York, NY received a Paycheck Protection Loan of $4.22M through CAPITAL ONE, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Guardian Security Services, Inc's total 2019 payroll expenses were approximately $20.28M in order to qualify for the PPP loan amount received.

Unlike most businesses, Guardian Security Services, Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Because the loan received by Guardian Security Services, Inc 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 - Guardian Security Services, Inc in New York, NY

Guardian Security Services, Inc
55 Water Street Lobby Level
New York, NY 10041

Business Industry

Security Guards and Patrol Services (NAICS code 561612)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-10

Industry PPP Comparison Statistics

Nationwide, 4,165 businesses in the "Security Guards and Patrol Services" industry received a total of $1,003,129,142.00 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 36 employees, and received an average PPP loan of $240,847, 94% lower than this company's loan of $4.22M.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/guardian-security-services-inc-new-york-ny