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PPP Loan Data — KMA Consulting Engineers, PC,
Cherry Hill, NJ
KMA Consulting Engineers, PC
Entity: Corporation
Industry: Engineering Services
Location: Cherry Hill, NJ
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KMA Consulting Engineers, PC is a corporation located at 1010 Berlin Road in Cherry Hill, New Jersey that received a Coronavirus-related PPP loan from the SBA of $600,000.00 in May, 2020.
The company has reported itself as a female owned business, and employed at least 42 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
42Loan Approved:
2020-05-02Lender:
TD BANK, NATIONAL ASSOCIATIONKMA Consulting Engineers, PC received a Paycheck Protection Loan of $600,000 through TD BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, KMA Consulting Engineers, PC's total 2019 payroll expenses were approximately $2.88M in order to qualify for the PPP loan amount received.
Based on their reported 42 jobs retained, this equals an estimated average yearly compensation of $68,571 per employee1.
Business Information - KMA Consulting Engineers, PC in Cherry Hill, NJ
1010 Berlin Road
Cherry Hill, NJ 8034
Business Industry
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: FEMALE OWNED
Veteran Status: NON-VETERAN
Congressional District: NJ-01Similar Companies near Cherry Hill
In the Cherry Hill area, 10 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 83 employees (compared to this company's 42) and received an average PPP loan of $1,114,872 (compared to this company's $600,000).
Similar Nearby Businesses Who Received PPP Funding:
Radiotechniques Engineering LLC
Haddon Hgts, NJ
KP Engineers And Associates Inc
Haddonfield, NJ
Miller-Remick, LLC
Cherry Hill, NJ
J Givoo Consultants I Inc
Cherry Hill, NJ
Remington & Vernick Engineers II, Inc
Haddonfield, NJ
Utrs Inc
Cherry Hill, NJ
Grey Fox Consulting, Inc.
Cherry Hill, NJ
EJ Consultants LLC
Cherry Hill, 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, 67% lower than KMA Consulting Engineers, PC's reported 42 employees, and received an average PPP loan of $249,856, 58% lower than this company's loan of $600,000.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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