PPP Loan Data — MLD Mortgage Inc., Florham Park, NJ
MLD Mortgage Inc. is a subchapter s corporation located at 30 B Vreeland Rd. in Florham Park, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,324,987.00 in April, 2020.
$ PPP Loan Information
MLD Mortgage Inc. received a Paycheck Protection Loan of $4.32M through CUSTOMERS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, MLD Mortgage Inc.'s total 2019 payroll expenses were approximately $20.76M 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 $80,154 per employee1.
Business Information - MLD Mortgage Inc. in Florham Park, NJ
30 B Vreeland Rd.
Florham Park, NJ 7932
Real Estate Credit (NAICS code 522292)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-11
Industry PPP Comparison Statistics
Nationwide, 1,706 businesses in the "Real Estate Credit" industry received a total of $570,275,600.00 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 21 employees, 92% lower than MLD Mortgage Inc.'s reported 259 employees, and received an average PPP loan of $334,276, 92% lower than this company's loan of $4.32M.
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Footnotes & Information
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