PPP Loan Data — M.J. Mctish & Associates, Allentown, PA
M.J. Mctish & Associates is a subchapter s corporation located at 3500 Winchester Road in Allentown, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,592,400.00 in April, 2020.
$ PPP Loan Information
Lender:EMBASSY BANK FOR THE LEHIGH VALLEY
M.J. Mctish & Associates received a Paycheck Protection Loan of $2.59M through EMBASSY BANK FOR THE LEHIGH VALLEY, which was approved in April, 2020.
Based on standard PPP eligibility rules, M.J. Mctish & Associates' total 2019 payroll expenses were approximately $12.44M in order to qualify for the PPP loan amount received.
Based on their reported 170 jobs retained, this equals an estimated average yearly compensation of $73,197 per employee1.
Business Information - M.J. Mctish & Associates in Allentown, PA
3500 Winchester Road
Allentown, PA 18104
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-07
Similar Companies near Allentown
In the Allentown area, 7 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 33 employees (compared to this company's 170) and received an average PPP loan of $514,639 (compared to this company's $2.59M).
Similar Nearby Businesses Who Received PPP Funding:
Amorphic Tech LLC
4G Engineering, LLC
The Pidcock Company
Sanbor Medical Corporation
Blasting Analysis International Inc
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 92% lower than M.J. Mctish & Associates' reported 170 employees, and received an average PPP loan of $249,856, 90% lower than this company's loan of $2.59M.
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Footnotes & Information
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