PPP Loan Data — Noah Lindenberg PC, Marlton, NJ
Noah Lindenberg PC
Location: Marlton, NJTweet This • Search All PPP Data
Noah Lindenberg PC is a corporation located at 773 Route 70 East in Marlton, New Jersey that received a Coronavirus-related PPP loan from the SBA of $140,800.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least thirteen people during the applicable loan loan period.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Noah Lindenberg PC received a Paycheck Protection Loan of $140,800 through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Noah Lindenberg PC's total 2019 payroll expenses were approximately $675,840 in order to qualify for the PPP loan amount received.
Based on their reported 13 jobs retained, this equals an estimated average yearly compensation of $51,988 per employee1.
Business Information - Noah Lindenberg PC in Marlton, NJ
773 Route 70 East
Marlton, NJ 8053
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NJ-03
Similar Companies near Marlton
In the Marlton area, 65 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 13) and received an average PPP loan of $296,820 (compared to this company's $140,800).
Similar Nearby Businesses Who Received PPP Funding:
Dermatology Associates Of South Jersey
Mount Laurel, NJ
Debra Malley, MD, LLC
Depersia Chernoff & Ocasio PC
Mt Laurel, NJ
Cherry Hill Evesham Pediatric And Family Medicine P A
Physician Capital Solutions
SJV Management LLC
Mount Laurel, NJ
Evesham Township Chiropractic
Mount Laurel, NJ
Maple Shade Township, NJ
Industry PPP Comparison Statistics
Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 23% lower than Noah Lindenberg PC's reported 13 employees, and received an average PPP loan of $138,136, 2% lower than this company's loan of $140,800.
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.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!