PPP Loan Data — Positive Promotions, Inc., Hauppauge, NY
Positive Promotions, Inc. is a subchapter s corporation located at 15 Gilpin Avenue in Hauppauge, New York that received a Coronavirus-related PPP loan from the SBA of $4,569,135.00 in April, 2020.
$ PPP Loan Information
Positive Promotions, Inc. in Hauppauge, NY received a Paycheck Protection Loan of $4.57M through SIGNATURE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Positive Promotions, Inc.'s total 2019 payroll expenses were approximately $21.93M in order to qualify for the PPP loan amount received.
Based on their reported 355 jobs retained, this equals an estimated average yearly compensation of $61,780 per employee1.
Business Information - Positive Promotions, Inc. in Hauppauge, NY
15 Gilpin Avenue
Hauppauge, NY 11788
Public Relations Agencies (NAICS code 541820)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-01
Industry PPP Comparison Statistics
Nationwide, 4,551 businesses in the "Public Relations Agencies" industry received a total of $426,960,917.00 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 6 employees, 98% lower than Positive Promotions, Inc.'s reported 355 employees, and received an average PPP loan of $93,817, 98% lower than this company's loan of $4.57M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!