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PPP Loan Data — Aperture Credentialing, LLC, Louisville, KY

SBA PPP loan data, payroll data, and salaries for Aperture Credentialing, LLC
KY

Aperture Credentialing, LLC

Entity: Limited Liability Company (LLC)

Industry: Software Publishers

Location: Louisville, KY

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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

Loan Size:

$3.85M

Jobs Retained:

358

Loan Approved:

2020-04-11

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.

Because the loan received by Aperture Credentialing, 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 - Aperture Credentialing, LLC in Louisville, KY

Aperture Credentialing, LLC
10350 Ormsby Park Place
Louisville, KY 40223

Business Industry

Software Publishers (NAICS code 511210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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.

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/aperture-credentialing-llc-louisville-ky