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PPP Loan Data — Robert D. Gilmore & Associates, Inc.,
New Britain, PA
Robert D. Gilmore & Associates, Inc.
Entity: Corporation
Industry: Engineering Services
Location: New Britain, PA
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Robert D. Gilmore & Associates, Inc. is a corporation located at 65 E. Butler Avenue,suite 100 in New Britain, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,407,100.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
164Loan Approved:
2020-04-14Lender:
UNIVEST BANK AND TRUST CO.Robert D. Gilmore & Associates, Inc. in New Britain, PA received a Paycheck Protection Loan of $3.41M through UNIVEST BANK AND TRUST CO., which was approved in April, 2020.
Based on standard PPP eligibility rules, Robert D. Gilmore & Associates, Inc.'s total 2019 payroll expenses were approximately $16.35M in order to qualify for the PPP loan amount received.
Based on their reported 164 jobs retained, this equals an estimated average yearly compensation of $99,720 per employee1.
Business Information - Robert D. Gilmore & Associates, Inc. in New Britain, PA
65 E. Butler Avenue,suite 100
New Britain, PA 18901
Business Industry
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-01Similar Companies near New Britain
In the New Britain area, 12 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 164) and received an average PPP loan of $490,935 (compared to this company's $3.41M).
Similar Nearby Businesses Who Received PPP Funding:
Integrated Aquatics Engineering Corp.
Doylestown, PA
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Doylestown, PA
Arna Engineering Inc
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Independent Environmental Management, LLC
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Castle Valley Consultants Inc.
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Shippee Engineering, Inc.
Doylestown, PA
Evolution Scientific, Incorporated
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Theta Consulting LLC
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Holmes Cunningham LLC
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Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 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 14 employees, 91% lower than Robert D. Gilmore & Associates, Inc.'s reported 164 employees, and received an average PPP loan of $249,856, 93% lower than this company's loan of $3.41M.
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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