PPP Loan Data — Kingsbury Inc, Philadelphia, PA
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Kingsbury Inc is a corporation located at 10385 Drummond Rd in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,089,800.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Kingsbury Inc received a Paycheck Protection Loan of $4.09M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kingsbury Inc's total 2019 payroll expenses were approximately $19.63M in order to qualify for the PPP loan amount received.
Based on their reported 260 jobs retained, this equals an estimated average yearly compensation of $75,504 per employee1.
Business Information - Kingsbury Inc in Philadelphia, PA
10385 Drummond Rd
Philadelphia, PA 19154
All Other Miscellaneous General Purpose Machinery Manufacturing (NAICS code 333999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-02
Industry PPP Comparison Statistics
Nationwide, 1,828 businesses in the "All Other Miscellaneous General Purpose Machinery Manufacturing" industry received a total of $441,733,775.00 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 18 employees, 93% lower than Kingsbury Inc's reported 260 employees, and received an average PPP loan of $241,649, 94% lower than this company's loan of $4.09M.
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Footnotes & Information
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