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PPP Loan Data — Leslie Digital Imaging LLC, Jericho, NY

SBA PPP loan data, payroll data, and salaries for Leslie Digital Imaging LLC
NY

Leslie Digital Imaging LLC

Entity: Limited Liability Company (LLC)

Industry: Office Equipment Merchant Wholesalers

Location: Jericho, NY

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Leslie Digital Imaging LLC is a limited liability company (LLC) located at 50 Jericho Quad Ste 115 in Jericho, New York that received a Coronavirus-related PPP loan from the SBA of $3,732,855.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$3.73M

Jobs Retained:

237

Loan Approved:

2020-05-01

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

Leslie Digital Imaging LLC in Jericho, NY received a Paycheck Protection Loan of $3.73M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Leslie Digital Imaging LLC's total 2019 payroll expenses were approximately $17.92M in order to qualify for the PPP loan amount received.

Based on their reported 237 jobs retained, this equals an estimated average yearly compensation of $75,602 per employee1.

Because the loan received by Leslie Digital Imaging LLC 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 - Leslie Digital Imaging LLC in Jericho, NY

Leslie Digital Imaging LLC
50 Jericho Quad Ste 115
Jericho, NY 11753

Business Industry

Office Equipment Merchant Wholesalers (NAICS code 423420)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-03

Similar Companies near Jericho

In the Jericho area, 2 businesses in the "Office Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 119 employees (compared to this company's 237) and received an average PPP loan of $1,869,553 (compared to this company's $3.73M).

Similar Nearby Businesses Who Received PPP Funding:

Stephen Kamen & Co., Inc.
Jericho, NY

$6,250 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,297 businesses in the "Office Equipment Merchant Wholesalers" industry received a total of $267,348,840.00 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 15 employees, 94% lower than Leslie Digital Imaging LLC's reported 237 employees, and received an average PPP loan of $206,129, 94% lower than this company's loan of $3.73M.

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, and is published unmodified, as provided by the SBA.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/leslie-digital-imaging-llc-jericho-ny