PPP Loan Data — PMC Organometallix Inc, Mount Laurel, NJ
PMC Organometallix Inc is a corporation located at 1288 Route 73 in Mount Laurel, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,601,200.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
PMC Organometallix Inc received a Paycheck Protection Loan of $3.6M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, PMC Organometallix Inc's total 2019 payroll expenses were approximately $17.29M in order to qualify for the PPP loan amount received.
Based on their reported 198 jobs retained, this equals an estimated average yearly compensation of $87,302 per employee1.
Business Information - PMC Organometallix Inc in Mount Laurel, NJ
1288 Route 73
Mount Laurel, NJ 8054
All Other Basic Organic Chemical Manufacturing (NAICS code 325199)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-03
Similar Companies near Mount Laurel
In the Mount Laurel area, 2 businesses in the "All Other Basic Organic Chemical Manufacturing" industry received a PPP loan. These local businesses reported an average of 101 employees (compared to this company's 198) and received an average PPP loan of $1,851,900 (compared to this company's $3.6M).
Similar Nearby Businesses Who Received PPP Funding:
Weldons Chemical LLC
Mount Laurel, NJ
Industry PPP Comparison Statistics
Nationwide, 494 businesses in the "All Other Basic Organic Chemical Manufacturing" industry received a total of $174,933,064.00 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 19 employees, 90% lower than PMC Organometallix Inc's reported 198 employees, and received an average PPP loan of $354,116, 90% lower than this company's loan of $3.6M.
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Footnotes & Information
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