Kogok Corporation in Upper Marlboro, MD - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Kogok Corporation, Upper Marlboro, MD

Kogok Corporation

Entity: Subchapter S Corporation

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: Upper Marlboro, MD

Kogok Corporation is a subchapter s corporation located at 201 Commerce Drive in Upper Marlboro, Maryland that received a Coronavirus-related PPP loan from the SBA of $5,859,555.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.86M

Jobs Retained:

376

Loan Approved:

2020-04-14

Lender:

MANUFACTURERS AND TRADERS TRUST COMPANY

Kogok Corporation received a Paycheck Protection Loan of $5.86M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Kogok Corporation's total 2019 payroll expenses were approximately $28.13M in order to qualify for the PPP loan amount received.

Based on their reported 376 jobs retained, this equals an estimated average yearly compensation of $74,803 per employee¹.

Because the loan received by Kogok Corporation is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Kogok Corporation in Upper Marlboro, MD

Kogok Corporation
201 Commerce Drive
Upper Marlboro, MD 20774

Business Industry

Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MD-04

Similar Companies near Upper Marlboro

In the Upper Marlboro area, 11 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 98 employees (compared to this company's 376) and received an average PPP loan of $1,645,500 (compared to this company's $5.86M).

Similar Nearby Businesses Who Received PPP Funding:

Belair Engineering&Service Co.
Upper Marlboro, MD

$641,192 PPP Loan

JCM Associates, Inc.
Upper Marlboro, MD

$3.76M PPP Loan

The Severn Group, Inc
Upper Marlboro, MD

$3.65M PPP Loan

Welch And Rushe, Inc
Upper Marlboro, MD

$3.82M PPP Loan

T & T HVAC And Electrical LLC
Upper Marlboro, MD

$20,800 PPP Loan

Guardian Plumbing Services, Inc.
Upper Marlboro, MD

$177,900 PPP Loan

Dave And Sons Plumbing LLC
Upper Marlboro, MD

$51,267 PPP Loan

Dexter Donkor
Largo, MD

$19,912 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 97% lower than Kogok Corporation's reported 376 employees, and received an average PPP loan of $154,981, 97% lower than this company's loan of $5.86M.

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.

Search FederalPay's Full PPP Loan Database

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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