PPP Loan Data — Aperture Credentialing, LLC, Louisville, KY
Aperture Credentialing, LLC is a limited liability company (LLC) located at 10350 Ormsby Park Place in Louisville, Kentucky that received a Coronavirus-related PPP loan from the SBA of $3,852,592.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
Aperture Credentialing, LLC in Louisville, KY received a Paycheck Protection Loan of $3.85M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Aperture Credentialing, LLC's total 2019 payroll expenses were approximately $18.49M in order to qualify for the PPP loan amount received.
Based on their reported 358 jobs retained, this equals an estimated average yearly compensation of $51,655 per employee1.
Business Information - Aperture Credentialing, LLC in Louisville, KY
10350 Ormsby Park Place
Louisville, KY 40223
Software Publishers (NAICS code 511210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KY-03
Similar Companies near Louisville
In the Louisville area, 5 businesses in the "Software Publishers" industry received a PPP loan. These local businesses reported an average of 105 employees (compared to this company's 358) and received an average PPP loan of $1,390,746 (compared to this company's $3.85M).
Similar Nearby Businesses Who Received PPP Funding:
Data Management Solutions, Inc.
Kizan Technologies, LLC
Creative Realities, Inc.
Industry PPP Comparison Statistics
Nationwide, 8,232 businesses in the "Software Publishers" industry received a total of $2,105,805,320.00 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, 96% lower than Aperture Credentialing, LLC's reported 358 employees, and received an average PPP loan of $255,807, 93% lower than this company's loan of $3.85M.
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.
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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