PPP Loan Data — Accent Controls, Inc., Kansas City, MO
Accent Controls, Inc.
Industry: Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Location: Kansas City, MOTweet This • Search All PPP Data
Accent Controls, Inc. is a corporation located at 1601 Burlington St in Kansas City, Missouri that received a Coronavirus-related PPP loan from the SBA of $8,469,000.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Accent Controls, Inc. in Kansas City, MO received a Paycheck Protection Loan of $8.47M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Accent Controls, Inc.'s total 2019 payroll expenses were approximately $40.65M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $81,302 per employee1.
Business Information - Accent Controls, Inc. in Kansas City, MO
1601 Burlington St
Kansas City, MO 64116
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-05
Similar Companies near Kansas City
In the Kansas City area, 2 businesses in the "Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 254 employees (compared to this company's 500) and received an average PPP loan of $4,307,100 (compared to this company's $8.47M).
Similar Nearby Businesses Who Received PPP Funding:
Industrial Process Systems LLC
Kansas City, MO
Industry PPP Comparison Statistics
Nationwide, 4,322 businesses in the "Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers" industry received a total of $994,969,830.00 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 15 employees, 97% lower than Accent Controls, Inc.'s reported 500 employees, and received an average PPP loan of $230,211, 97% lower than this company's loan of $8.47M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!