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PPP Loan Data — Robert A M Stern Architects, LLP,
New York, NY
Robert A M Stern Architects, LLP
Entity: Partnership
Industry: Architectural Services
Location: New York, NY
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Robert A M Stern Architects, LLP is a partnership located at 1 Park Ave in New York, New York that received a Coronavirus-related PPP loan from the SBA of $4,422,100.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
237Loan Approved:
2020-04-15Lender:
CITIBANK, N.A.Robert A M Stern Architects, LLP received a Paycheck Protection Loan of $4.42M through CITIBANK, N.A., which was approved in April, 2020.
Based on standard PPP eligibility rules, Robert A M Stern Architects, LLP's total 2019 payroll expenses were approximately $21.23M in order to qualify for the PPP loan amount received.
Based on their reported 237 jobs retained, this equals an estimated average yearly compensation of $89,562 per employee1.
Business Information - Robert A M Stern Architects, LLP in New York, NY
1 Park Ave
New York, NY 10016
Business Industry
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-12Similar Companies near New York
In the New York area, 61 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 19 employees (compared to this company's 237) and received an average PPP loan of $356,251 (compared to this company's $4.42M).
Similar Nearby Businesses Who Received PPP Funding:
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Hottenroth & Joseph Architects
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Ascher Davis Architects LLP
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Fred Basch Architect PLLC
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DL Consulting Inc.
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H Architecture, PC
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Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, 97% lower than Robert A M Stern Architects, LLP's reported 237 employees, and received an average PPP loan of $149,750, 97% lower than this company's loan of $4.42M.
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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