PPP Loan Data — Interstate Maintenance Corp, Horsham, PA
Interstate Maintenance Corp is a subchapter s corporation located at 508 Prudential Rd in Horsham, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,643,400.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Interstate Maintenance Corp received a Paycheck Protection Loan of $2.64M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Interstate Maintenance Corp's total 2019 payroll expenses were approximately $12.69M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $25,377 per employee1.
Business Information - Interstate Maintenance Corp in Horsham, PA
508 Prudential Rd
Horsham, PA 19044
Janitorial Services (NAICS code 561720)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-04
Similar Companies near Horsham
In the Horsham area, 3 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 169 employees (compared to this company's 500) and received an average PPP loan of $1,561,133 (compared to this company's $2.64M).
Similar Nearby Businesses Who Received PPP Funding:
Interstate Building Maintenance Corp
SPC Cleaning Services LLC
Industry PPP Comparison Statistics
Nationwide, 31,508 businesses in the "Janitorial Services" industry received a total of $2,265,370,248.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 98% lower than Interstate Maintenance Corp's reported 500 employees, and received an average PPP loan of $71,898, 97% lower than this company's loan of $2.64M.
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Footnotes & Information
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