PPP Loan Data — Start Elevator, Bronx, NY
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Start Elevator is a partnership located at 4350 Bullard Avenue in Bronx, New York that received a Coronavirus-related PPP loan from the SBA of $2,648,030.00 in April, 2020.
$ PPP Loan Information
Lender:OCEANFIRST BANK, NATIONAL ASSOCIATION
Start Elevator received a Paycheck Protection Loan of $2.65M through OCEANFIRST BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Start Elevator's total 2019 payroll expenses were approximately $12.71M in order to qualify for the PPP loan amount received.
Based on their reported 153 jobs retained, this equals an estimated average yearly compensation of $83,075 per employee1.
Business Information - Start Elevator in Bronx, NY
4350 Bullard Avenue
Bronx, NY 10466
Other Personal and Household Goods Repair and Maintenance (NAICS code 811490)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-16
Industry PPP Comparison Statistics
Nationwide, 9,496 businesses in the "Other Personal and Household Goods Repair and Maintenance" industry received a total of $387,422,684.00 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 5 employees, 97% lower than Start Elevator's reported 153 employees, and received an average PPP loan of $40,799, 98% lower than this company's loan of $2.65M.
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Footnotes & Information
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