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PPP Loan Data — Adams, Brown, Beran & Ball, Chtd., Great Bend, KS

SBA PPP loan data, payroll data, and salaries for Adams, Brown, Beran & Ball, Chtd.
KS

Adams, Brown, Beran & Ball, Chtd.

Entity: Corporation

Industry: Offices of Certified Public Accountants

Location: Great Bend, KS

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Adams, Brown, Beran & Ball, Chtd. is a corporation located at 2006 Broadway in Great Bend, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,691,600.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 185 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.69M

Jobs Retained:

185

Loan Approved:

2020-04-07

Lender:

COMMERCE BANK

Adams, Brown, Beran & Ball, Chtd. received a Paycheck Protection Loan of $2.69M through COMMERCE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Adams, Brown, Beran & Ball, Chtd.'s total 2019 payroll expenses were approximately $12.92M in order to qualify for the PPP loan amount received.

Based on their reported 185 jobs retained, this equals an estimated average yearly compensation of $69,836 per employee1.

Because the loan received by Adams, Brown, Beran & Ball, Chtd. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Adams, Brown, Beran & Ball, Chtd. in Great Bend, KS

Adams, Brown, Beran & Ball, Chtd.
2006 Broadway
Great Bend, KS 67530

Business Industry

Offices of Certified Public Accountants (NAICS code 541211)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: KS-01

Similar Companies near Great Bend

In the Great Bend area, 7 businesses in the "Offices of Certified Public Accountants" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 185) and received an average PPP loan of $433,243 (compared to this company's $2.69M).

Industry PPP Comparison Statistics

Nationwide, 37,661 businesses in the "Offices of Certified Public Accountants" industry received a total of $3,350,637,371.00 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, 97% lower than Adams, Brown, Beran & Ball, Chtd.'s reported 185 employees, and received an average PPP loan of $88,968, 97% lower than this company's loan of $2.69M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/adams-brown-beran-and-ball-chtd-great-bend-ks