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PPP Loan Data — Air Design Comfort LLC, Tulsa, OK

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

Air Design Comfort LLC

Entity: Limited Liability Company (LLC)

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: Tulsa, OK

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Air Design Comfort LLC is a limited liability company (LLC) located at 9772 55th Pl in Tulsa, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $115,900.00 in April, 2020.

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

$ PPP Loan Information

Loan Size:

$115,900

Jobs Retained:

17

Loan Approved:

2020-04-27

Lender:

ARVEST BANK

Air Design Comfort LLC received a Paycheck Protection Loan of $115,900 through ARVEST BANK, which was approved in April, 2020.

2019 Payroll Estimations based On PPP Amount:

Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.

Based on standard PPP eligibility rules, Air Design Comfort LLC's total 2019 payroll expenses were approximately $556,320 in order to qualify for the PPP loan amount received.

Based on their reported 17 jobs retained, this equals an estimated average yearly compensation of $32,725 per employee1.

Business Information - Air Design Comfort LLC in Tulsa, OK

Air Design Comfort LLC
9772 55th Pl
Tulsa, OK 74146

Business Industry

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

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: OK-01

Similar Companies near Tulsa

In the Tulsa area, 19 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 17) and received an average PPP loan of $361,590 (compared to this company's $115,900).

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, 35% lower than Air Design Comfort LLC's reported 17 employees, and received an average PPP loan of $154,981, 34% higher than this company's loan of $115,900.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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/air-design-comfort-llc-tulsa-ok