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PPP Loan Data — Advanced Reimbursement Solutions LLC, Scottsdale, AZ

SBA PPP loan data, payroll data, and salaries for Advanced Reimbursement Solutions LLC

Advanced Reimbursement Solutions LLC

Entity: Limited Liability Company (LLC)

Industry: Other Accounting Services

Location: Scottsdale, AZ

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Advanced Reimbursement Solutions LLC is a limited liability company (LLC) located at 8465 N Pima Rd Ste 200 in Scottsdale, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,572,827.00 in May, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Advanced Reimbursement Solutions LLC received a Paycheck Protection Loan of $2.57M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Advanced Reimbursement Solutions LLC's total 2019 payroll expenses were approximately $12.35M in order to qualify for the PPP loan amount received.

Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $49,398 per employee1.

Because the loan received by Advanced Reimbursement Solutions LLC 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 - Advanced Reimbursement Solutions LLC in Scottsdale, AZ

Advanced Reimbursement Solutions LLC
8465 N Pima Rd Ste 200
Scottsdale, AZ 85258

Business Industry

Other Accounting Services (NAICS code 541219)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AZ-06

Similar Companies near Scottsdale

In the Scottsdale area, 12 businesses in the "Other Accounting Services" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 250) and received an average PPP loan of $226,932 (compared to this company's $2.57M).

Industry PPP Comparison Statistics

Nationwide, 31,743 businesses in the "Other Accounting Services" industry received a total of $1,370,914,494.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 4 employees, 98% lower than Advanced Reimbursement Solutions LLC's reported 250 employees, and received an average PPP loan of $43,188, 98% lower than this company's loan of $2.57M.

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.

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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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