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PPP Loan Data — Hillmann Consulting LLC,
Union, NJ
Hillmann Consulting LLC
Entity: Limited Liability Company (LLC)
Industry: Engineering Services
Location: Union, NJ
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Hillmann Consulting LLC is a limited liability company (LLC) located at 1600 Route 22 East in Union, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,214,472.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
180Loan Approved:
2020-04-12Lender:
FULTON BANK, NATIONAL ASSOCIATIONHillmann Consulting LLC received a Paycheck Protection Loan of $3.21M through FULTON BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hillmann Consulting LLC's total 2019 payroll expenses were approximately $15.43M in order to qualify for the PPP loan amount received.
Based on their reported 180 jobs retained, this equals an estimated average yearly compensation of $85,719 per employee1.
Business Information - Hillmann Consulting LLC in Union, NJ
1600 Route 22 East
Union, NJ 7083
Business Industry
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NJ-07Similar Companies near Union
In the Union area, 8 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 180) and received an average PPP loan of $537,126 (compared to this company's $3.21M).
Similar Nearby Businesses Who Received PPP Funding:
Titan Engineers PC
Union, NJ
ICA Engineering, LLC
Union, NJ
RSA Geolab LLC
Union, NJ
Keri Engineering PC
Union, NJ
Renactus Technology LLC
Union, NJ
Industrial Building Technologies, LLC
Towaco, NJ
MG Engineering And Controls LLC
Union, NJ
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 92% lower than Hillmann Consulting LLC's reported 180 employees, and received an average PPP loan of $249,856, 92% lower than this company's loan of $3.21M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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