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PPP Loan Data — The Ballinger Company,
Philadelphia, PA
The Ballinger Company
Entity: Subchapter S Corporation
Industry: Architectural Services
Location: Philadelphia, PA
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The Ballinger Company is a subchapter s corporation located at 833 Chestnut Street, Suite 1400 in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,517,500.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-15Lender:
PNC BANK, NATIONAL ASSOCIATIONThe Ballinger Company in Philadelphia, PA received a Paycheck Protection Loan of $4.52M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Ballinger Company's total 2019 payroll expenses were approximately $21.68M in order to qualify for the PPP loan amount received.
Unlike most businesses, The Ballinger Company's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - The Ballinger Company in Philadelphia, PA
833 Chestnut Street, Suite 1400
Philadelphia, PA 19107
Business Industry
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-03Similar Companies near Philadelphia
In the Philadelphia area, 33 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 40 employees (compared to this company's 0) and received an average PPP loan of $890,367 (compared to this company's $4.52M).
Similar Nearby Businesses Who Received PPP Funding:
Hellyer Berman Lewis Inc
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Fifteen A+D, LLC
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Blackney Hayes, Inc.
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Dimitri J Ververelli Inc
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MGA Partners LLC
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ED Eimer Design Studio, LLC
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Make LLC
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Charles Matsinger Associates Inc
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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, and received an average PPP loan of $149,750, 97% lower than this company's loan of $4.52M.
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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