Allied Consolidated Enterprises Inc in Columbus, OH - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Allied Consolidated Enterprises Inc, Columbus, OH

Allied Consolidated Enterprises Inc

Entity: Corporation

Industry: Wireless Telecommunications Carriers (except Satellite)

Location: Columbus, OH

Allied Consolidated Enterprises Inc is a corporation located at 6700 Schrock Ct. in Columbus, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,124,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.12M

Jobs Retained:

500

Loan Approved:

2020-04-14

Lender:

PNC BANK, NATIONAL ASSOCIATION

Allied Consolidated Enterprises Inc received a Paycheck Protection Loan of $3.12M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Allied Consolidated Enterprises Inc's total 2019 payroll expenses were approximately $15M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $29,997 per employee¹.

Because the loan received by Allied Consolidated Enterprises Inc 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 - Allied Consolidated Enterprises Inc in Columbus, OH

Allied Consolidated Enterprises Inc
6700 Schrock Ct.
Columbus, OH 43229

Business Industry

Wireless Telecommunications Carriers (except Satellite) (NAICS code 517312)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OH-03

Industry PPP Comparison Statistics

Nationwide, 2,003 businesses in the "Wireless Telecommunications Carriers (except Satellite)" industry received a total of $261,156,310.00 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 13 employees, 97% lower than Allied Consolidated Enterprises Inc's reported 500 employees, and received an average PPP loan of $130,383, 96% lower than this company's loan of $3.12M.

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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