PPP Loan Data — Miles Technologies, Inc, Lumberton, NJ
Miles Technologies, Inc is a corporation located at 100 Mt Holly Bypass in Lumberton, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,732,260.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Miles Technologies, Inc in Lumberton, NJ received a Paycheck Protection Loan of $3.73M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Miles Technologies, Inc's total 2019 payroll expenses were approximately $17.91M in order to qualify for the PPP loan amount received.
Based on their reported 259 jobs retained, this equals an estimated average yearly compensation of $69,169 per employee1.
Business Information - Miles Technologies, Inc in Lumberton, NJ
100 Mt Holly Bypass
Lumberton, NJ 08048
Computer Facilities Management Services (NAICS code 541513)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-03
Industry PPP Comparison Statistics
Nationwide, 1,889 businesses in the "Computer Facilities Management Services" industry received a total of $318,937,165.00 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, 96% lower than Miles Technologies, Inc's reported 259 employees, and received an average PPP loan of $168,839, 95% lower than this company's loan of $3.73M.
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Footnotes & Information
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