PPP Loan Data — Salient Corporation, Horseheads, NY
Salient Corporation is a corporation located at 203 Colonial Dr in Horseheads, New York that received a Coronavirus-related PPP loan from the SBA of $2,637,300.00 in April, 2020.
$ PPP Loan Information
Lender:CHEMUNG CANAL TRUST COMPANY
Salient Corporation received a Paycheck Protection Loan of $2.64M through CHEMUNG CANAL TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Salient Corporation's total 2019 payroll expenses were approximately $12.66M in order to qualify for the PPP loan amount received.
Based on their reported 142 jobs retained, this equals an estimated average yearly compensation of $89,148 per employee1.
Business Information - Salient Corporation in Horseheads, NY
203 Colonial Dr
Horseheads, NY 14845
Custom Computer Programming Services (NAICS code 541511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-23
Industry PPP Comparison Statistics
Nationwide, 24,641 businesses in the "Custom Computer Programming Services" industry received a total of $4,943,790,485.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 92% lower than Salient Corporation's reported 142 employees, and received an average PPP loan of $200,633, 92% lower than this company's loan of $2.64M.
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Footnotes & Information
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