PPP Loan Data — Stephenson Equipment, Inc., Harrisburg, PA
Stephenson Equipment, Inc.
Location: Harrisburg, PATweet This • Search All PPP Data
Stephenson Equipment, Inc. is a corporation located at 7201 Paxton St in Harrisburg, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,846,477.00 in April, 2020.
$ PPP Loan Information
Lender:S & T BANK
Stephenson Equipment, Inc. in Harrisburg, PA received a Paycheck Protection Loan of $3.85M through S & T BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Stephenson Equipment, Inc.'s total 2019 payroll expenses were approximately $18.46M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $92,315 per employee1.
Business Information - Stephenson Equipment, Inc. in Harrisburg, PA
7201 Paxton St
Harrisburg, PA 17111
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-10
Similar Companies near Harrisburg
In the Harrisburg area, 2 businesses in the "Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 113 employees (compared to this company's 200) and received an average PPP loan of $2,089,939 (compared to this company's $3.85M).
Similar Nearby Businesses Who Received PPP Funding:
Stewart-Amos Equipment Co.
Industry PPP Comparison Statistics
Nationwide, 1,830 businesses in the "Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers" industry received a total of $454,516,744.00 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 15 employees, 93% lower than Stephenson Equipment, Inc.'s reported 200 employees, and received an average PPP loan of $248,370, 94% lower than this company's loan of $3.85M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!