PPP Loan Data — QPS Holdings, Newark, DE
Entity: Limited Liability Company (LLC)
Location: Newark, DETweet This • Search All PPP Data
QPS Holdings is a limited liability company (LLC) located at 3 Innovation Way in Newark, Delaware that received a Coronavirus-related PPP loan from the SBA of $6,666,700.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
QPS Holdings in Newark, DE received a Paycheck Protection Loan of $6.67M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, QPS Holdings' total 2019 payroll expenses were approximately $32M in order to qualify for the PPP loan amount received.
Unlike most businesses, QPS Holdings' PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - QPS Holdings in Newark, DE
3 Innovation Way
Newark, DE 19711
Research and Development in Biotechnology (except Nanobiotechnology) (NAICS code 541714)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: DE-
Similar Companies near Newark
In the Newark area, 2 businesses in the "Research and Development in Biotechnology (except Nanobiotechnology)" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $3,344,989 (compared to this company's $6.67M).
Similar Nearby Businesses Who Received PPP Funding:
The Desca Foundation
Industry PPP Comparison Statistics
Nationwide, 1,965 businesses in the "Research and Development in Biotechnology (except Nanobiotechnology)" industry received a total of $407,385,879.00 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 11 employees, and received an average PPP loan of $207,321, 97% lower than this company's loan of $6.67M.
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Footnotes & Information
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