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PPP Loan Data — Air Comfort Solutions LLC, Moore, OK

SBA PPP loan data, payroll data, and salaries for Air Comfort Solutions LLC
OK

Air Comfort Solutions LLC

Entity: Limited Liability Company (LLC)

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: Moore, OK

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Air Comfort Solutions LLC is a limited liability company (LLC) located at 608 Messenger Lane in Moore, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $2,523,500.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 163 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.52M

Jobs Retained:

163

Loan Approved:

2020-04-07

Lender:

BANK 7

Air Comfort Solutions LLC in Moore, OK received a Paycheck Protection Loan of $2.52M through BANK 7, which was approved in April, 2020.

Based on standard PPP eligibility rules, Air Comfort Solutions LLC's total 2019 payroll expenses were approximately $12.11M in order to qualify for the PPP loan amount received.

Based on their reported 163 jobs retained, this equals an estimated average yearly compensation of $74,312 per employee1.

Because the loan received by Air Comfort 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 - Air Comfort Solutions LLC in Moore, OK

Air Comfort Solutions LLC
608 Messenger Lane
Moore, OK 73160

Business Industry

Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: OK-04

Similar Companies near Moore

In the Moore area, 25 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 163) and received an average PPP loan of $203,520 (compared to this company's $2.52M).

Industry PPP Comparison Statistics

Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 93% lower than Air Comfort Solutions LLC's reported 163 employees, and received an average PPP loan of $154,981, 94% lower than this company's loan of $2.52M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/air-comfort-solutions-llc-moore-ok