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PPP Loan Data — The Kintock Group Of New Jersey Inc,
Fort Washington, PA
The Kintock Group Of New Jersey Inc
Entity: Corporation
Industry: Other Individual and Family Services
Location: Fort Washington, PA
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The Kintock Group Of New Jersey Inc is a corporation located at 580 Virginia Dr in Fort Washington, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,659,262.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
375Loan Approved:
2020-04-14Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONThe Kintock Group Of New Jersey Inc received a Paycheck Protection Loan of $3.66M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Kintock Group Of New Jersey Inc's total 2019 payroll expenses were approximately $17.56M in order to qualify for the PPP loan amount received.
Based on their reported 375 jobs retained, this equals an estimated average yearly compensation of $46,839 per employee1.
Business Information - The Kintock Group Of New Jersey Inc in Fort Washington, PA
580 Virginia Dr
Fort Washington, PA 19034
Business Industry
Other Individual and Family Services (NAICS code 624190)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: PA-04Industry PPP Comparison Statistics
Nationwide, 15,794 businesses in the "Other Individual and Family Services" industry received a total of $2,302,146,944.00 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 17 employees, 95% lower than The Kintock Group Of New Jersey Inc's reported 375 employees, and received an average PPP loan of $145,761, 96% lower than this company's loan of $3.66M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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