PPP Loan Data — Rising Phoenix Holdings Corporation, Utica, NY
Rising Phoenix Holdings Corporation is a corporation located at 126 Business Park Dr in Utica, New York that received a Coronavirus-related PPP loan from the SBA of $3,502,200.00 in April, 2020.
$ PPP Loan Information
Lender:NBT BANK, NATIONAL ASSOCIATION
Rising Phoenix Holdings Corporation in Utica, NY received a Paycheck Protection Loan of $3.5M through NBT BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rising Phoenix Holdings Corporation's total 2019 payroll expenses were approximately $16.81M in order to qualify for the PPP loan amount received.
Based on their reported 197 jobs retained, this equals an estimated average yearly compensation of $85,333 per employee1.
Business Information - Rising Phoenix Holdings Corporation in Utica, NY
126 Business Park Dr
Utica, NY 13502
Collection Agencies (NAICS code 561440)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-22
Similar Companies near Utica
In the Utica area, 2 businesses in the "Collection Agencies" industry received a PPP loan. These local businesses reported an average of 99 employees (compared to this company's 197) and received an average PPP loan of $1,751,500 (compared to this company's $3.5M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 1,688 businesses in the "Collection Agencies" industry received a total of $422,227,575.00 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 20 employees, 90% lower than Rising Phoenix Holdings Corporation's reported 197 employees, and received an average PPP loan of $250,135, 93% lower than this company's loan of $3.5M.
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Footnotes & Information
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