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PPP Loan Data — Shen Milsom & Wilke LLC, New York, NY

SBA PPP loan data, payroll data, and salaries for Shen Milsom & Wilke LLC

Shen Milsom & Wilke LLC

Entity: Limited Liability Company (LLC)

Industry: Educational Support Services

Location: New York, NY

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Shen Milsom & Wilke LLC is a limited liability company (LLC) located at 417 5th Ave in New York, New York that received a Coronavirus-related PPP loan from the SBA of $2,634,300.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Shen Milsom & Wilke LLC in New York, NY received a Paycheck Protection Loan of $2.63M through CITIBANK, N.A., which was approved in April, 2020.

Based on standard PPP eligibility rules, Shen Milsom & Wilke LLC's total 2019 payroll expenses were approximately $12.64M in order to qualify for the PPP loan amount received.

Based on their reported 134 jobs retained, this equals an estimated average yearly compensation of $94,363 per employee1.

Because the loan received by Shen Milsom & Wilke LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Shen Milsom & Wilke LLC in New York, NY

Shen Milsom & Wilke LLC
417 5th Ave
New York, NY 10016

Business Industry

Educational Support Services (NAICS code 611710)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-12

Similar Companies near New York

In the New York area, 22 businesses in the "Educational Support Services" industry received a PPP loan. These local businesses reported an average of 38 employees (compared to this company's 134) and received an average PPP loan of $640,088 (compared to this company's $2.63M).

Industry PPP Comparison Statistics

Nationwide, 14,366 businesses in the "Educational Support Services" industry received a total of $1,365,122,225.00 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 9 employees, 93% lower than Shen Milsom & Wilke LLC's reported 134 employees, and received an average PPP loan of $95,025, 96% lower than this company's loan of $2.63M.

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.

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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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