PPP Loan Data — The Lockwood Group, LLC, Stamford, CT
The Lockwood Group, LLC
Entity: Limited Liability Company (LLC)
Location: Stamford, CTTweet This • Search All PPP Data
The Lockwood Group, LLC is a limited liability company (LLC) located at 1055 Washington Blvd in Stamford, Connecticut that received a Coronavirus-related PPP loan from the SBA of $5,368,785.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
The Lockwood Group, LLC in Stamford, CT received a Paycheck Protection Loan of $5.37M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Lockwood Group, LLC's total 2019 payroll expenses were approximately $25.77M in order to qualify for the PPP loan amount received.
Based on their reported 260 jobs retained, this equals an estimated average yearly compensation of $99,116 per employee1.
Business Information - The Lockwood Group, LLC in Stamford, CT
1055 Washington Blvd
Stamford, CT 6901
All Other Professional, Scientific, and Technical Services (NAICS code 541990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-04
Similar Companies near Stamford
In the Stamford area, 26 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 260) and received an average PPP loan of $280,281 (compared to this company's $5.37M).
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Industry PPP Comparison Statistics
Nationwide, 63,722 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $4,746,522,934.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than The Lockwood Group, LLC's reported 260 employees, and received an average PPP loan of $74,488, 99% lower than this company's loan of $5.37M.
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