PPP Loan Data — Accusoft Corporation, Tampa, FL
Accusoft Corporation is a subchapter s corporation located at 4001 North Riverside Drive in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $2,723,000.00 in April, 2020.
$ PPP Loan Information
Lender:CITY NATIONAL BANK OF FLORIDA
Accusoft Corporation received a Paycheck Protection Loan of $2.72M through CITY NATIONAL BANK OF FLORIDA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Accusoft Corporation's total 2019 payroll expenses were approximately $13.07M in order to qualify for the PPP loan amount received.
Based on their reported 140 jobs retained, this equals an estimated average yearly compensation of $93,360 per employee1.
Business Information - Accusoft Corporation in Tampa, FL
4001 North Riverside Drive
Tampa, FL 33603
Other Computer Related Services (NAICS code 541519)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-14
Similar Companies near Tampa
In the Tampa area, 10 businesses in the "Other Computer Related Services" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 140) and received an average PPP loan of $461,754 (compared to this company's $2.72M).
Similar Nearby Businesses Who Received PPP Funding:
Echo Analytics Group
CT Payer LLC
United One Communications LLC
Industry PPP Comparison Statistics
Nationwide, 12,205 businesses in the "Other Computer Related Services" industry received a total of $2,142,018,033.00 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 10 employees, 93% lower than Accusoft Corporation's reported 140 employees, and received an average PPP loan of $175,503, 94% lower than this company's loan of $2.72M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!