PPP Loan Data — Slam Collaborative Inc., Glastonbury, CT
Slam Collaborative Inc. is a corporation located at 80 Glastonbury Boulevard in Glastonbury, Connecticut that received a Coronavirus-related PPP loan from the SBA of $3,651,600.00 in April, 2020.
$ PPP Loan Information
Lender:PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION
Slam Collaborative Inc. received a Paycheck Protection Loan of $3.65M through PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Slam Collaborative Inc.'s total 2019 payroll expenses were approximately $17.53M in order to qualify for the PPP loan amount received.
Based on their reported 210 jobs retained, this equals an estimated average yearly compensation of $83,465 per employee1.
Business Information - Slam Collaborative Inc. in Glastonbury, CT
80 Glastonbury Boulevard
Glastonbury, CT 6033
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-01
Similar Companies near Glastonbury
In the Glastonbury area, 8 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 210) and received an average PPP loan of $604,906 (compared to this company's $3.65M).
Similar Nearby Businesses Who Received PPP Funding:
Cheryl Newton Architect LLC
Quisenberry Arcari Architects, LLC
Robert C Schechinger, Jr Asla, LLC
Friar Associates Inc.
Don Hammerberg Associates LLC
Kemper Associates Architects, LLC
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, 96% lower than Slam Collaborative Inc.'s reported 210 employees, and received an average PPP loan of $149,750, 96% lower than this company's loan of $3.65M.
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