PPP Loan Data — Kelmar Associates, LLC, Wakefield, MA
Kelmar Associates, LLC is a limited liability company (LLC) located at 500 Edgewater Drive, Suite 525 in Wakefield, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,856,600.00 in April, 2020.
$ PPP Loan Information
Lender:BOSTON PRIVATE BANK & TRUST COMPANY
Kelmar Associates, LLC in Wakefield, MA received a Paycheck Protection Loan of $2.86M through BOSTON PRIVATE BANK & TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kelmar Associates, LLC's total 2019 payroll expenses were approximately $13.71M in order to qualify for the PPP loan amount received.
Based on their reported 181 jobs retained, this equals an estimated average yearly compensation of $75,755 per employee1.
Business Information - Kelmar Associates, LLC in Wakefield, MA
500 Edgewater Drive, Suite 525
Wakefield, MA 1880
Other Management Consulting Services (NAICS code 541618)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-06
Similar Companies near Wakefield
In the Wakefield area, 11 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 181) and received an average PPP loan of $298,401 (compared to this company's $2.86M).
Similar Nearby Businesses Who Received PPP Funding:
Insights 4 Tomorrow LLC
Tanksley Consulting Group, Inc.
Macanta Consulting LLC
Patient Funding Alternatives, LLC
Aries Consulting Services Inc
D & R Consulting LLC
A2B Relocation Management LLC
Industry PPP Comparison Statistics
Nationwide, 45,812 businesses in the "Other Management Consulting Services" industry received a total of $2,639,462,577.00 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 4 employees, 98% lower than Kelmar Associates, LLC's reported 181 employees, and received an average PPP loan of $57,615, 98% lower than this company's loan of $2.86M.
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