PPP Loan Data — NCT Holdings Inc, Durham, NC
NCT Holdings Inc
Location: Durham, NCTweet This • Search All PPP Data
NCT Holdings Inc is a corporation located at 3211 Shannon Rd Ste 300 in Durham, North Carolina that received a Coronavirus-related PPP loan from the SBA of $2,923,252.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
NCT Holdings Inc received a Paycheck Protection Loan of $2.92M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, NCT Holdings Inc's total 2019 payroll expenses were approximately $14.03M in order to qualify for the PPP loan amount received.
Based on their reported 147 jobs retained, this equals an estimated average yearly compensation of $95,453 per employee1.
Business Information - NCT Holdings Inc in Durham, NC
3211 Shannon Rd Ste 300
Durham, NC 27707
Other Scientific and Technical Consulting Services (NAICS code 541690)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-01
Similar Companies near Durham
In the Durham area, 5 businesses in the "Other Scientific and Technical Consulting Services" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 147) and received an average PPP loan of $601,549 (compared to this company's $2.92M).
Similar Nearby Businesses Who Received PPP Funding:
Sharon L Donatucci
Carol O'Brien Associates, Inc
James W Davis Cosultant Inc
Industry PPP Comparison Statistics
Nationwide, 14,293 businesses in the "Other Scientific and Technical Consulting Services" industry received a total of $1,499,073,773.00 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 7 employees, 95% lower than NCT Holdings Inc's reported 147 employees, and received an average PPP loan of $104,882, 96% lower than this company's loan of $2.92M.
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