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PPP Loan Data — MUC LLC, New York, NY

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

MUC LLC

Entity: Limited Liability Company (LLC)

Industry: Architectural Services

Location: New York, NY

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MUC LLC is a limited liability company (LLC) located at 295 Madison Ave in New York, New York that received a Coronavirus-related PPP loan from the SBA of $111,501.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$111,501

Jobs Retained:

0 Unreported

Loan Approved:

2020-04-15

Lender:

FIRST BANK OF THE LAKE

MUC LLC received a Paycheck Protection Loan of $111,501 through FIRST BANK OF THE LAKE, which was approved in April, 2020.

Based on standard PPP eligibility rules, MUC LLC's total 2019 payroll expenses were approximately $535,205 in order to qualify for the PPP loan amount received.

Unlike most businesses, MUC LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.

Business Information - MUC LLC in New York, NY

MUC LLC
295 Madison Ave
New York, NY 10017

Business Industry

Architectural Services (NAICS code 541310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: NON-VETERAN

Congressional District: NY-12

Similar Companies near New York

In the New York area, 150 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 0) and received an average PPP loan of $289,797 (compared to this company's $111,501).

Industry PPP Comparison Statistics

Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, and received an average PPP loan of $149,750, 34% higher than this company's loan of $111,501.

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.

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Footnotes & Information

1. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/muc-llc-new-york-ny