PPP Loan Data — Professional Maintenance And Management Inc, Rockville, MD
Professional Maintenance And Management Inc is a corporation located at 15938 Derwood Road in Rockville, Maryland that received a Coronavirus-related PPP loan from the SBA of $2,432,770.00 in April, 2020.
$ PPP Loan Information
Professional Maintenance And Management Inc in Rockville, MD received a Paycheck Protection Loan of $2.43M through EAGLEBANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Professional Maintenance And Management Inc's total 2019 payroll expenses were approximately $11.68M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $23,355 per employee1.
Business Information - Professional Maintenance And Management Inc in Rockville, MD
15938 Derwood Road
Rockville, MD 20855
Facilities Support Services (NAICS code 561210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-06
Similar Companies near Rockville
In the Rockville area, 4 businesses in the "Facilities Support Services" industry received a PPP loan. These local businesses reported an average of 197 employees (compared to this company's 500) and received an average PPP loan of $854,452 (compared to this company's $2.43M).
Similar Nearby Businesses Who Received PPP Funding:
PMM Facilities Management LLC
At Once LLC
Professional Maintenance Management Of Boca LLC
Industry PPP Comparison Statistics
Nationwide, 1,765 businesses in the "Facilities Support Services" industry received a total of $434,144,705.00 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 22 employees, 96% lower than Professional Maintenance And Management Inc's reported 500 employees, and received an average PPP loan of $245,974, 90% lower than this company's loan of $2.43M.
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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