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PPP Loan Data — Post Commercial Real Estate LLC,
Philadelphia, PA
Post Commercial Real Estate LLC
Entity: Limited Liability Company (LLC)
Industry: Nonresidential Property Managers
Location: Philadelphia, PA
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Post Commercial Real Estate LLC is a limited liability company (LLC) located at 1021 North Hancock Street, Suite 1 in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,671,906.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
166Loan Approved:
2020-04-06Lender:
FIRST RESOURCE BANKPost Commercial Real Estate LLC in Philadelphia, PA received a Paycheck Protection Loan of $2.67M through FIRST RESOURCE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Post Commercial Real Estate LLC's total 2019 payroll expenses were approximately $12.83M in order to qualify for the PPP loan amount received.
Based on their reported 166 jobs retained, this equals an estimated average yearly compensation of $77,260 per employee1.
Business Information - Post Commercial Real Estate LLC in Philadelphia, PA
1021 North Hancock Street, Suite 1
Philadelphia, PA 19123
Business Industry
Nonresidential Property Managers (NAICS code 531312)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-02Similar Companies near Philadelphia
In the Philadelphia area, 6 businesses in the "Nonresidential Property Managers" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 166) and received an average PPP loan of $645,268 (compared to this company's $2.67M).
Similar Nearby Businesses Who Received PPP Funding:
Premier Access Property Management, Inc.
Philadelphia, PA
Active Mom Fitness LLC
Philadelphia, PA
MC Holdco LLC
Philadelphia, PA
Stull Investment Company LLC
Philadelphia, PA
Orens Brothers Real Estate Inc.
Philadelphia, PA
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, 94% lower than Post Commercial Real Estate LLC's reported 166 employees, and received an average PPP loan of $118,292, 96% lower than this company's loan of $2.67M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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