PPP Loan Data — Analytic Stress Relieving, Inc., Lafayette, LA
Analytic Stress Relieving, Inc. is a subchapter s corporation located at 3118 W Pinhook Rd Ste 202c, in Lafayette, Louisiana that received a Coronavirus-related PPP loan from the SBA of $7,114,200.00 in April, 2020.
$ PPP Loan Information
Analytic Stress Relieving, Inc. received a Paycheck Protection Loan of $7.11M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Analytic Stress Relieving, Inc.'s total 2019 payroll expenses were approximately $34.15M in order to qualify for the PPP loan amount received.
Based on their reported 401 jobs retained, this equals an estimated average yearly compensation of $85,158 per employee1.
Business Information - Analytic Stress Relieving, Inc. in Lafayette, LA
3118 W Pinhook Rd Ste 202c,
Lafayette, LA 70508
All Other Specialty Trade Contractors (NAICS code 238990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: LA-03
Similar Companies near Lafayette
In the Lafayette area, 11 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 401) and received an average PPP loan of $679,873 (compared to this company's $7.11M).
Similar Nearby Businesses Who Received PPP Funding:
Hayes House Moving And Leveling LLC
C D A And Associates Inc
Paradise Pools And Patios Of Louisiana LLC
Rawlin Johnson Inc
Louisiana Hydro Blast Solutions, LLC
Mian A Ibrahim, MD LLC
All Seasons Recreational Products
Industry PPP Comparison Statistics
Nationwide, 44,474 businesses in the "All Other Specialty Trade Contractors" industry received a total of $5,068,221,395.00 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 9 employees, 98% lower than Analytic Stress Relieving, Inc.'s reported 401 employees, and received an average PPP loan of $113,959, 98% lower than this company's loan of $7.11M.
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.
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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