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PPP Loan Data — Nelson Worldwide, LLC,
Philadelphia, PA
Nelson Worldwide, LLC
Entity: Limited Liability Company (LLC)
Industry: Architectural Services
Location: Philadelphia, PA
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Nelson Worldwide, LLC is a limited liability company (LLC) located at 100 S Independence Mall W Suite 500 in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-14Lender:
JPMORGAN CHASE BANK, NATIONAL ASSOCIATIONNelson Worldwide, LLC in Philadelphia, PA received a Paycheck Protection Loan of $10M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Nelson Worldwide, LLC's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Nelson Worldwide, LLC in Philadelphia, PA
100 S Independence Mall W Suite 500
Philadelphia, PA 19106
Business Industry
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-03Similar Companies near Philadelphia
In the Philadelphia area, 33 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 500) and received an average PPP loan of $890,367 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Make LLC
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Wesley Wei Architects
Philadelphia, PA
Ewing Cole Inc
Philadelphia, PA
Digsau Architecture PC
Philadelphia, PA
Box Wood Architects LLC
Philadelphia, PA
K Yoder Design
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Jacobs Wyper Architects LLP
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Cecil Baker & Partners Inc.
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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, 98% lower than Nelson Worldwide, LLC's reported 500 employees, and received an average PPP loan of $149,750, 99% lower than this company's loan of $10M.
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, and is published unmodified, as provided by the SBA.
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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