PPP Loan Data — PMC Property Group, Inc., Philadelphia, PA
PMC Property Group, Inc. is a corporation located at 1608 Walnut Street in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,417,600.00 in April, 2020.
$ PPP Loan Information
Lender:FIRSTRUST SAVINGS BANK
PMC Property Group, Inc. received a Paycheck Protection Loan of $3.42M through FIRSTRUST SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, PMC Property Group, Inc.'s total 2019 payroll expenses were approximately $16.4M in order to qualify for the PPP loan amount received.
Based on their reported 228 jobs retained, this equals an estimated average yearly compensation of $71,949 per employee1.
Business Information - PMC Property Group, Inc. in Philadelphia, PA
1608 Walnut Street
Philadelphia, PA 19103
Nonresidential Property Managers (NAICS code 531312)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-03
Similar Companies near Philadelphia
In the Philadelphia area, 12 businesses in the "Nonresidential Property Managers" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 228) and received an average PPP loan of $452,066 (compared to this company's $3.42M).
Similar Nearby Businesses Who Received PPP Funding:
Pearl Properties Commercial Management LLC
8 Penn Center Owner LP
1650 Arch Partners LP
Equivest Development Inc
Brahin Managment Corp.
JFK Investment Associates, LP, I
Lejeune And Associates, LLC
Crown Two Penn Associates LP
Industry PPP Comparison Statistics
Nationwide, 7,563 businesses in the "Nonresidential Property Managers" industry received a total of $894,646,174.00 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 PMC Property Group, Inc.'s reported 228 employees, and received an average PPP loan of $118,292, 97% lower than this company's loan of $3.42M.
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