PPP Loan Data — Knowledge Management Inc, Tyngsboro, MA
Knowledge Management Inc is a subchapter s corporation located at 353 Middlesex Rd in Tyngsboro, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,841,600.00 in April, 2020.
The company has reported itself as an Asian owned business, and employed at least 178 people during the applicable loan loan period.
$ PPP Loan Information
Lender:ENTERPRISE BANK AND TRUST COMPANY
Knowledge Management Inc received a Paycheck Protection Loan of $2.84M through ENTERPRISE BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Knowledge Management Inc's total 2019 payroll expenses were approximately $13.64M in order to qualify for the PPP loan amount received.
Based on their reported 178 jobs retained, this equals an estimated average yearly compensation of $76,627 per employee1.
Business Information - Knowledge Management Inc in Tyngsboro, MA
353 Middlesex Rd
Tyngsboro, MA 1879
Custom Computer Programming Services (NAICS code 541511)
Business Owner Demographics
Race / Ethnicity: ASIAN
Veteran Status: UnreportedCongressional District: MA-03
Similar Companies near Tyngsboro
In the Tyngsboro area, 2 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 90 employees (compared to this company's 178) and received an average PPP loan of $1,421,613 (compared to this company's $2.84M).
Similar Nearby Businesses Who Received PPP Funding:
T & J Computer Service LLC
Industry PPP Comparison Statistics
Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 94% lower than Knowledge Management Inc's reported 178 employees, and received an average PPP loan of $200,633, 93% lower than this company's loan of $2.84M.
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Footnotes & Information
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