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PPP Loan Data — K2 Intelligence LLC,
New York, NY
K2 Intelligence LLC
Entity: Limited Liability Company (LLC)
Industry: Investigation Services
Location: New York, NY
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K2 Intelligence LLC is a limited liability company (LLC) located at 845 Third Avenue in New York, New York that received a Coronavirus-related PPP loan from the SBA of $4,205,034.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
207Loan Approved:
2020-04-29Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONK2 Intelligence LLC received a Paycheck Protection Loan of $4.21M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, K2 Intelligence LLC's total 2019 payroll expenses were approximately $20.18M in order to qualify for the PPP loan amount received.
Based on their reported 207 jobs retained, this equals an estimated average yearly compensation of $97,508 per employee1.
Business Information - K2 Intelligence LLC in New York, NY
845 Third Avenue
New York, NY 10022
Business Industry
Investigation Services (NAICS code 561611)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-12Similar Companies near New York
In the New York area, 7 businesses in the "Investigation Services" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 207) and received an average PPP loan of $764,576 (compared to this company's $4.21M).
Similar Nearby Businesses Who Received PPP Funding:
Financial Integrity Network
New York, NY
Edward Z. Holmes Detective Bureau, Inc.
New York, NY
The Arkin Group LLC
New York, NY
United Bureau Of Investigation & Protective Service
New York, NY
Jeff Mueller
New York, NY
Mcja, LLC
New York, NY
Industry PPP Comparison Statistics
Nationwide, 2,424 businesses in the "Investigation Services" industry received a total of $194,493,432.00 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, 96% lower than K2 Intelligence LLC's reported 207 employees, and received an average PPP loan of $80,237, 98% lower than this company's loan of $4.21M.
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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