PPP Loan Data — Medical Guardian, LLC, Philadelphia, PA
Medical Guardian, LLC is a limited liability company (LLC) located at 1818 Market St in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,777,200.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
Medical Guardian, LLC in Philadelphia, PA received a Paycheck Protection Loan of $2.78M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Medical Guardian, LLC's total 2019 payroll expenses were approximately $13.33M in order to qualify for the PPP loan amount received.
Based on their reported 221 jobs retained, this equals an estimated average yearly compensation of $60,319 per employee1.
Business Information - Medical Guardian, LLC in Philadelphia, PA
1818 Market St
Philadelphia, PA 19103
Security Systems Services (except Locksmiths) (NAICS code 561621)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-03
Similar Companies near Philadelphia
In the Philadelphia area, 2 businesses in the "Security Systems Services (except Locksmiths)" industry received a PPP loan. These local businesses reported an average of 111 employees (compared to this company's 221) and received an average PPP loan of $1,435,650 (compared to this company's $2.78M).
Similar Nearby Businesses Who Received PPP Funding:
Wilco Electronic Systems, Inc.
Fort Washington, PA
Industry PPP Comparison Statistics
Nationwide, 5,289 businesses in the "Security Systems Services (except Locksmiths)" industry received a total of $839,803,057.00 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 14 employees, 94% lower than Medical Guardian, LLC's reported 221 employees, and received an average PPP loan of $158,783, 94% lower than this company's loan of $2.78M.
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Footnotes & Information
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