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PPP Loan Data — Traffic Planning And Design,In,
Pottstown, PA
Traffic Planning And Design,In
Entity: Corporation
Industry: Engineering Services
Location: Pottstown, PA
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Traffic Planning And Design,In is a corporation located at 2500 E. High Street, Suite 650 in Pottstown, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,829,800.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 158 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
158Loan Approved:
2020-04-11Lender:
FIRST RESOURCE BANKTraffic Planning And Design,In in Pottstown, PA received a Paycheck Protection Loan of $2.83M through FIRST RESOURCE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Traffic Planning And Design,In's total 2019 payroll expenses were approximately $13.58M in order to qualify for the PPP loan amount received.
Based on their reported 158 jobs retained, this equals an estimated average yearly compensation of $85,969 per employee1.
Business Information - Traffic Planning And Design,In in Pottstown, PA
2500 E. High Street, Suite 650
Pottstown, PA 19464
Business Industry
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: PA-04Similar Companies near Pottstown
In the Pottstown area, 13 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 158) and received an average PPP loan of $343,561 (compared to this company's $2.83M).
Similar Nearby Businesses Who Received PPP Funding:
Argovian Technologies LLC
Stowe, PA
Trident E & P, LLC
Pottstown, PA
Pennergy Solutions, LLC
Pottstown, PA
PMC Engineering Solutions Inc
Pottstown, PA
All County And Associates, Inc.
Pottstown, PA
Bursich Associates, Inc.
Pottstown, PA
Eneractive LLC
Pottstown, PA
David Blackmore And Associates Inc
Pottstown, PA
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 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 14 employees, 91% lower than Traffic Planning And Design,In's reported 158 employees, and received an average PPP loan of $249,856, 91% lower than this company's loan of $2.83M.
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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