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PPP Loan Data — Shipley Group LP,
York, PA
Shipley Group LP
Entity: Partnership
Industry: Offices of Other Holding Companies
Location: York, PA
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Shipley Group LP is a partnership located at 415 Norway St in York, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,780,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
365Loan Approved:
2020-04-11Lender:
PEOPLESBANK, A CODORUS VALLEY COMPANYShipley Group LP in York, PA received a Paycheck Protection Loan of $4.78M through PEOPLESBANK, A CODORUS VALLEY COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Shipley Group LP's total 2019 payroll expenses were approximately $22.94M in order to qualify for the PPP loan amount received.
Based on their reported 365 jobs retained, this equals an estimated average yearly compensation of $62,860 per employee1.
Business Information - Shipley Group LP in York, PA
415 Norway St
York, PA 17403
Business Industry
Offices of Other Holding Companies (NAICS code 551112)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-10Similar Companies near York
In the York area, 2 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 195 employees (compared to this company's 365) and received an average PPP loan of $2,427,784 (compared to this company's $4.78M).
Similar Nearby Businesses Who Received PPP Funding:
CJC PA Holdings LLC
York Township, PA
Industry PPP Comparison Statistics
Nationwide, 7,606 businesses in the "Offices of Other Holding Companies" industry received a total of $1,222,968,235.00 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 14 employees, 96% lower than Shipley Group LP's reported 365 employees, and received an average PPP loan of $160,790, 97% lower than this company's loan of $4.78M.
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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