PPP Loan Data — Phoenix International Holdings, Inc, Largo, MD
Phoenix International Holdings, Inc is a subchapter s corporation located at 9301 Largo Drive West in Largo, Maryland that received a Coronavirus-related PPP loan from the SBA of $3,451,965.00 in April, 2020.
$ PPP Loan Information
Lender:ATLANTIC UNION BANK
Phoenix International Holdings, Inc received a Paycheck Protection Loan of $3.45M through ATLANTIC UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Phoenix International Holdings, Inc's total 2019 payroll expenses were approximately $16.57M in order to qualify for the PPP loan amount received.
Based on their reported 225 jobs retained, this equals an estimated average yearly compensation of $73,642 per employee1.
Business Information - Phoenix International Holdings, Inc in Largo, MD
9301 Largo Drive West
Largo, MD 20774
All Other Support Services (NAICS code 561990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-04
Similar Companies near Largo
In the Largo area, 4 businesses in the "All Other Support Services" industry received a PPP loan. These local businesses reported an average of 62 employees (compared to this company's 225) and received an average PPP loan of $929,113 (compared to this company's $3.45M).
Similar Nearby Businesses Who Received PPP Funding:
Community Counseling & Mentoring Svcs
Upper Marlboro, MD
Compupatch Services Inc
Upper Marlboro, MD
Industry PPP Comparison Statistics
Nationwide, 26,446 businesses in the "All Other Support Services" industry received a total of $1,388,180,245.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 97% lower than Phoenix International Holdings, Inc's reported 225 employees, and received an average PPP loan of $52,491, 98% lower than this company's loan of $3.45M.
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Footnotes & Information
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