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PPP Loan Data — Schneider Downs & Co Inc,
Pittsburgh, PA
Schneider Downs & Co Inc
Entity: Corporation
Industry: Other Accounting Services
Location: Pittsburgh, PA
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Schneider Downs & Co Inc is a corporation located at 1 Ppg Pl in Pittsburgh, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $8,815,800.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
495Loan Approved:
2020-04-07Lender:
PNC BANK, NATIONAL ASSOCIATIONSchneider Downs & Co Inc in Pittsburgh, PA received a Paycheck Protection Loan of $8.82M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Schneider Downs & Co Inc's total 2019 payroll expenses were approximately $42.32M in order to qualify for the PPP loan amount received.
Based on their reported 495 jobs retained, this equals an estimated average yearly compensation of $85,487 per employee1.
Business Information - Schneider Downs & Co Inc in Pittsburgh, PA
1 Ppg Pl
Pittsburgh, PA 15222
Business Industry
Other Accounting Services (NAICS code 541219)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-18Similar Companies near Pittsburgh
In the Pittsburgh area, 6 businesses in the "Other Accounting Services" industry received a PPP loan. These local businesses reported an average of 90 employees (compared to this company's 495) and received an average PPP loan of $1,616,227 (compared to this company's $8.82M).
Similar Nearby Businesses Who Received PPP Funding:
Einwag Morrow & Associates, PC
Pittsburgh, PA
D'Angelo & Associates, Inc.
Pittsburgh, PA
Angel Accounting & Consulting LLC
Pittsburgh, PA
Berreth Bookkeeping
Pittsburgh, PA
Gleason & Associates P C
Pittsburgh, PA
Industry PPP Comparison Statistics
Nationwide, 31,743 businesses in the "Other Accounting Services" industry received a total of $1,370,914,494.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 99% lower than Schneider Downs & Co Inc's reported 495 employees, and received an average PPP loan of $43,188, 100% lower than this company's loan of $8.82M.
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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