PPP Loan Data — On Campus Marketing, LLC, West Trenton, NJ
On Campus Marketing, LLC is a corporation located at 3 Graphics Drive in West Trenton, New Jersey that received a Coronavirus-related PPP loan from the SBA of $1,697,600.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Huntingdon Valley Bank
On Campus Marketing, LLC in West Trenton, NJ received a Paycheck Protection Loan of $1.7M through Huntingdon Valley Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, On Campus Marketing, LLC's 2019 payroll expenses are estimated to be at least $8.15M.
Based on their reported 100 jobs retained, this equals an estimated average yearly compensation of $81,485 per employee1
Reported PPP Proceed Usage:
On the PPP application, On Campus Marketing, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,697,600
Business Information - On Campus Marketing, LLC in West Trenton, NJ
3 Graphics Drive
West Trenton, NJ 8628
Advertising Material Distribution Services
NAICS code 541870
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 3,561 businesses in the "Advertising Material Distribution Services" industry received a total of $213.93M 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 6 employees, 94% lower than On Campus Marketing, LLC's reported 100 employees, and received an average PPP loan of $60,077, 96% lower than this company's loan of $1.7M.
FederalPay's PPP Information Policy
Footnotes & Information
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