PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Mohawkcampco LLC, White Plains, NY

ALERT: There are 2 PPP loans for a total of $3.55M in our database for businesses with the name "Mohawkcampco LLC" in White Plains, NY. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Mohawkcampco LLC
NY

Mohawkcampco LLC

Entity: Limited Liability Company (LLC)

Industry: Recreational and Vacation Camps (except Campgrounds)

Location: White Plains, NY

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Mohawkcampco LLC is a limited liability company (LLC) located at 200 Old Tarrytown Rd in White Plains, New York that received a Coronavirus-related PPP loan from the SBA of $2,000,000.00 in January, 2021.

$ PPP Loan Information
Loan #7374998306

Loan Size:

$2M

Jobs Retained:

109

Loan Approved:

2021-01-28

Loan Status:

Ongoing Loan

Lender:

Easthampton Savings Bank

Mohawkcampco LLC in White Plains, NY received a Paycheck Protection Loan of $2M through Easthampton Savings Bank, which was approved in January, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Mohawkcampco LLC's 2019 payroll expenses are estimated to be at least $9.6M.

Based on their reported 109 jobs retained, this equals an estimated average yearly compensation of $88,073 per employee1

Reported PPP Proceed Usage:

On the PPP application, Mohawkcampco LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,999,997
  • Utilities: $1
Because the loan received by Mohawkcampco LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Mohawkcampco LLC in White Plains, NY

Mohawkcampco LLC
200 Old Tarrytown Rd
White Plains, NY 10603

Business Industry:
Recreational and Vacation Camps (except Campgrounds)
NAICS code 721214

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Westchester County, NY — SBA Office 0202 — Congressional District: NY-17

Similar Companies near White Plains

In the White Plains area, 2 businesses in the "Recreational and Vacation Camps (except Campgrounds)" industry received a PPP loan. These local businesses reported an average of 57 employees (compared to this company's 109) and received an average PPP loan of $1,087,500 (compared to this company's $2M).

Similar Nearby Businesses Who Received PPP Funding:

DZ Camp Enterprises LLC
West Harrison, NY

$175,000 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 3,732 businesses in the "Recreational and Vacation Camps (except Campgrounds)" industry received a total of $563.63M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 26 employees, 76% lower than Mohawkcampco LLC's reported 109 employees, and received an average PPP loan of $151,027, 92% lower than this company's loan of $2M.

SBA PPP loan data, payroll data, and salaries for Mohawkcampco LLC
NY

Mohawkcampco LLC

Entity: Limited Liability Company (LLC)

Industry: All Other Amusement and Recreation Industries

Location: White Plains, NY

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Mohawkcampco LLC is a limited liability company (LLC) located at 200 Old Tarrytown Rd in White Plains, New York that received a Coronavirus-related PPP loan from the SBA of $1,549,636.00 in May, 2020.

$ PPP Loan Information
Loan #5864087704

Loan Size:

$1.55M

Jobs Retained:

151

Loan Approved:

2020-05-01

Loan Status:

Ongoing Loan

Lender:

Bank of America, National Association

Mohawkcampco LLC in White Plains, NY received a Paycheck Protection Loan of $1.55M through Bank of America, National Association, which was approved in May, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Mohawkcampco LLC's 2019 payroll expenses are estimated to be at least $7.44M.

Based on their reported 151 jobs retained, this equals an estimated average yearly compensation of $49,260 per employee1

Reported PPP Proceed Usage:

On the PPP application, Mohawkcampco LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,549,636

Business Information - Mohawkcampco LLC in White Plains, NY

Mohawkcampco LLC
200 Old Tarrytown Rd
White Plains, NY 10603

Business Industry:
All Other Amusement and Recreation Industries
NAICS code 713990

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Westchester County, NY — SBA Office 0202 — Congressional District: NY-17

Similar Companies near White Plains

In the White Plains area, 7 businesses in the "All Other Amusement and Recreation Industries" industry received a PPP loan. These local businesses reported an average of 75 employees (compared to this company's 151) and received an average PPP loan of $518,325 (compared to this company's $1.55M).

Industry PPP Comparison Statistics

Nationwide, 26,511 businesses in the "All Other Amusement and Recreation Industries" industry received a total of $1.46B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 12 employees, 92% lower than Mohawkcampco LLC's reported 151 employees, and received an average PPP loan of $55,179, 96% lower than this company's loan of $1.55M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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Source: www.federalpay.org/paycheck-protection-program/mohawkcampco-llc-white-plains-ny