PPP Loan Data — Summit Security Services Inc., Uniondale, NY
Summit Security Services Inc. is a subchapter s corporation located at 390 Rxr Plz in Uniondale, New York that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:HSBC BANK USA, NATIONAL ASSOCIATION
Summit Security Services Inc. in Uniondale, NY received a Paycheck Protection Loan of $10M through HSBC BANK USA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Summit Security Services Inc.'s total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Summit Security Services Inc. in Uniondale, NY
390 Rxr Plz
Uniondale, NY 11556
Investigation Services (NAICS code 561611)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-04
Similar Companies near Uniondale
In the Uniondale area, 2 businesses in the "Investigation Services" industry received a PPP loan. These local businesses reported an average of 281 employees (compared to this company's 500) and received an average PPP loan of $5,437,108 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
AC Roman & Associates Inc
Industry PPP Comparison Statistics
Nationwide, 2,424 businesses in the "Investigation Services" industry received a total of $194,493,432.00 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, 98% lower than Summit Security Services Inc.'s reported 500 employees, and received an average PPP loan of $80,237, 99% lower than this company's loan of $10M.
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Footnotes & Information
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