PPP Loan Data — Park West Galleries, Inc., Southfield, MI
Park West Galleries, Inc. is a corporation located at 29469 Northwestern Hwy in Southfield, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,685,100.00 in April, 2020.
$ PPP Loan Information
Park West Galleries, Inc. in Southfield, MI received a Paycheck Protection Loan of $2.69M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Park West Galleries, Inc.'s total 2019 payroll expenses were approximately $12.89M in order to qualify for the PPP loan amount received.
Based on their reported 152 jobs retained, this equals an estimated average yearly compensation of $84,793 per employee1.
Business Information - Park West Galleries, Inc. in Southfield, MI
29469 Northwestern Hwy
Southfield, MI 48034
Art Dealers (NAICS code 453920)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-14
Industry PPP Comparison Statistics
Nationwide, 3,352 businesses in the "Art Dealers" industry received a total of $155,850,214.00 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 4 employees, 97% lower than Park West Galleries, Inc.'s reported 152 employees, and received an average PPP loan of $46,495, 98% lower than this company's loan of $2.69M.
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Footnotes & Information
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