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PPP Loan Data — RKL LLP,
Lancaster, PA
RKL LLP
Entity: Limited Liability Partnership
Industry: Offices of Certified Public Accountants
Location: Lancaster, PA
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RKL LLP is a limited liability partnership located at 1800 Fruitville Pike in Lancaster, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $8,752,378.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
452Loan Approved:
2020-04-06Lender:
FULTON BANK, NATIONAL ASSOCIATIONRKL LLP received a Paycheck Protection Loan of $8.75M through FULTON BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, RKL LLP's total 2019 payroll expenses were approximately $42.01M in order to qualify for the PPP loan amount received.
Based on their reported 452 jobs retained, this equals an estimated average yearly compensation of $92,946 per employee1.
Business Information - RKL LLP in Lancaster, PA
1800 Fruitville Pike
Lancaster, PA 17601
Business Industry
Offices of Certified Public Accountants (NAICS code 541211)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-11Similar Companies near Lancaster
In the Lancaster area, 14 businesses in the "Offices of Certified Public Accountants" industry received a PPP loan. These local businesses reported an average of 47 employees (compared to this company's 452) and received an average PPP loan of $885,989 (compared to this company's $8.75M).
Similar Nearby Businesses Who Received PPP Funding:
Landis & Associates
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Acuity Advisors And CPAS, LLP
Lancaster, PA
Hatter, Harris & Beittel LLP
Lancaster, PA
Bertz Hess & Co LLP
Lancaster, PA
Stutz Arment LLP
Lancaster, PA
Killian Tax Accounting & Payroll LLC
Lancaster, PA
Ziffer Associates, LLC
Lancaster, PA
Deborah A Carr PC
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Industry PPP Comparison Statistics
Nationwide, 37,661 businesses in the "Offices of Certified Public Accountants" industry received a total of $3,350,637,371.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 99% lower than RKL LLP's reported 452 employees, and received an average PPP loan of $88,968, 99% lower than this company's loan of $8.75M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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