PPP Loan Data — Phoenix Lithographing Corporation, Philadelphia, PA
Phoenix Lithographing Corporation is a subchapter s corporation located at 11631 Caroline Rd in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,050,700.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 230 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Phoenix Lithographing Corporation received a Paycheck Protection Loan of $4.05M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Phoenix Lithographing Corporation's total 2019 payroll expenses were approximately $19.44M in order to qualify for the PPP loan amount received.
Based on their reported 230 jobs retained, this equals an estimated average yearly compensation of $84,536 per employee1.
Business Information - Phoenix Lithographing Corporation in Philadelphia, PA
11631 Caroline Rd
Philadelphia, PA 19154
Commercial Printing (except Screen and Books) (NAICS code 323111)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: PA-02
Similar Companies near Philadelphia
In the Philadelphia area, 3 businesses in the "Commercial Printing (except Screen and Books)" industry received a PPP loan. These local businesses reported an average of 93 employees (compared to this company's 230) and received an average PPP loan of $1,562,717 (compared to this company's $4.05M).
Similar Nearby Businesses Who Received PPP Funding:
Arbil Enterprises, Inc.
Today's Graphics Inc
Industry PPP Comparison Statistics
Nationwide, 13,022 businesses in the "Commercial Printing (except Screen and Books)" industry received a total of $1,940,592,408.00 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 12 employees, 95% lower than Phoenix Lithographing Corporation's reported 230 employees, and received an average PPP loan of $149,024, 96% lower than this company's loan of $4.05M.
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Footnotes & Information
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