PPP Loan Data — Persistent Systems, LLC, New York, NY
Persistent Systems, LLC
Entity: Limited Liability Company (LLC)
Location: New York, NYTweet This • Search All PPP Data
Persistent Systems, LLC is a limited liability company (LLC) located at 303 Fifth Avenue,suite 306 in New York, New York that received a Coronavirus-related PPP loan from the SBA of $3,326,500.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Persistent Systems, LLC in New York, NY received a Paycheck Protection Loan of $3.33M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Persistent Systems, LLC's total 2019 payroll expenses were approximately $15.97M in order to qualify for the PPP loan amount received.
Based on their reported 175 jobs retained, this equals an estimated average yearly compensation of $91,241 per employee1.
Business Information - Persistent Systems, LLC in New York, NY
303 Fifth Avenue,suite 306
New York, NY 10016
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-12
Similar Companies near New York
In the New York area, 2 businesses in the "Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 175) and received an average PPP loan of $1,738,586 (compared to this company's $3.33M).
Similar Nearby Businesses Who Received PPP Funding:
Silverlight Digital LLC
New York, NY
Industry PPP Comparison Statistics
Nationwide, 995 businesses in the "Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing" industry received a total of $252,961,602.00 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 16 employees, 91% lower than Persistent Systems, LLC's reported 175 employees, and received an average PPP loan of $254,233, 92% lower than this company's loan of $3.33M.
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Footnotes & Information
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