PPP Loan Data — Herman Goldner Company, Inc., Philadelphia, PA
Herman Goldner Company, Inc.
Location: Philadelphia, PATweet This • Search All PPP Data
Herman Goldner Company, Inc. is a corporation located at 7777 Brewster Avenue in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $6,688,075.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Herman Goldner Company, Inc. in Philadelphia, PA received a Paycheck Protection Loan of $6.69M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Herman Goldner Company, Inc.'s total 2019 payroll expenses were approximately $32.1M in order to qualify for the PPP loan amount received.
Based on their reported 349 jobs retained, this equals an estimated average yearly compensation of $91,985 per employee1.
Business Information - Herman Goldner Company, Inc. in Philadelphia, PA
7777 Brewster Avenue
Philadelphia, PA 19153
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-05
Similar Companies near Philadelphia
In the Philadelphia area, 7 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 54 employees (compared to this company's 349) and received an average PPP loan of $992,239 (compared to this company's $6.69M).
Similar Nearby Businesses Who Received PPP Funding:
Alek Air Management Inc
East Coast Comfort Inc
AL Rod And Son Plumbing And Heating Inc
Budget Plumbing & Heating, Inc.
G F Bowes Plumbing & Heating Cont. Inc.
Diversified Mechanical & Electrical
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 97% lower than Herman Goldner Company, Inc.'s reported 349 employees, and received an average PPP loan of $154,981, 98% lower than this company's loan of $6.69M.
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