PPP Loan Data — Meridian Service Group, Inc, Trenton, NJ
Meridian Service Group, Inc is a subchapter s corporation located at 3024 S Broad St in Trenton, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,823,380.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Meridian Service Group, Inc received a Paycheck Protection Loan of $2.82M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Meridian Service Group, Inc's total 2019 payroll expenses were approximately $13.55M in order to qualify for the PPP loan amount received.
Based on their reported 144 jobs retained, this equals an estimated average yearly compensation of $94,113 per employee1.
Business Information - Meridian Service Group, Inc in Trenton, NJ
3024 S Broad St
Trenton, NJ 8610
Residential Property Managers (NAICS code 531311)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-04
Industry PPP Comparison Statistics
Nationwide, 20,591 businesses in the "Residential Property Managers" industry received a total of $2,358,014,158.00 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 10 employees, 93% lower than Meridian Service Group, Inc's reported 144 employees, and received an average PPP loan of $114,517, 96% lower than this company's loan of $2.82M.
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Footnotes & Information
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