PPP Loan Data — Philadelphia Sign Co, Palmyra, NJ
Philadelphia Sign Co is a subchapter s corporation located at 707 W Spring Garden St in Palmyra, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,002,400.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Philadelphia Sign Co received a Paycheck Protection Loan of $4M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Philadelphia Sign Co's total 2019 payroll expenses were approximately $19.21M in order to qualify for the PPP loan amount received.
Based on their reported 272 jobs retained, this equals an estimated average yearly compensation of $70,631 per employee1.
Business Information - Philadelphia Sign Co in Palmyra, NJ
707 W Spring Garden St
Palmyra, NJ 8065
Sign Manufacturing (NAICS code 339950)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-01
Industry PPP Comparison Statistics
Nationwide, 5,450 businesses in the "Sign Manufacturing" industry received a total of $643,191,913.00 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 10 employees, 96% lower than Philadelphia Sign Co's reported 272 employees, and received an average PPP loan of $118,017, 97% lower than this company's loan of $4M.
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Footnotes & Information
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