PPP Loan Data — The Shield Of David, Inc.-Sba Small 7A Term, Flushing, NY
The Shield Of David, Inc.-Sba Small 7A Term is a corporation located at 144-61 Roosevelt Ave in Flushing, New York that received a Coronavirus-related PPP loan from the SBA of $4,721,450.00 in May, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
The Shield Of David, Inc.-Sba Small 7A Term received a Paycheck Protection Loan of $4.72M through TD BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, The Shield Of David, Inc.-Sba Small 7A Term's total 2019 payroll expenses were approximately $22.66M in order to qualify for the PPP loan amount received.
Based on their reported 441 jobs retained, this equals an estimated average yearly compensation of $51,390 per employee1.
Business Information - The Shield Of David, Inc.-Sba Small 7A Term in Flushing, NY
144-61 Roosevelt Ave
Flushing, NY 11354
Unknown (NAICS code 0)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-06
Similar Companies near Flushing
In the Flushing area, 3,050 businesses in the "Unknown" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 441) and received an average PPP loan of $66,500 (compared to this company's $4.72M).
Similar Nearby Businesses Who Received PPP Funding:
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Industry PPP Comparison Statistics
Nationwide, 5,156,850 businesses in the "Unknown" industry received a total of $522,949,858,572.00 in PPP loans. These businesses account for 100% of total PPP applications submitted, and received 100% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 98% lower than The Shield Of David, Inc.-Sba Small 7A Term's reported 441 employees, and received an average PPP loan of $101,409, 98% lower than this company's loan of $4.72M.
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