PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Ashton Tiffany LLC, Phoenix, AZ

SBA PPP loan data, payroll data, and salaries for Ashton Tiffany LLC
AZ

Ashton Tiffany LLC

Entity: Subchapter S Corporation

Industry: All Other Insurance Related Activities

Location: Phoenix, AZ

Search All PPP Data

Ashton Tiffany LLC is a subchapter s corporation located at 333 E. Osborn Rd in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,462,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.46M

Jobs Retained:

187

Loan Approved:

2020-04-06

Lender:

FIRST FIDELITY BANK

Ashton Tiffany LLC in Phoenix, AZ received a Paycheck Protection Loan of $2.46M through FIRST FIDELITY BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ashton Tiffany LLC's total 2019 payroll expenses were approximately $11.82M in order to qualify for the PPP loan amount received.

Based on their reported 187 jobs retained, this equals an estimated average yearly compensation of $63,209 per employee1.

Because the loan received by Ashton Tiffany 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 - Ashton Tiffany LLC in Phoenix, AZ

Ashton Tiffany LLC
333 E. Osborn Rd
Phoenix, AZ 85012

Business Industry

All Other Insurance Related Activities (NAICS code 524298)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AZ-09

Industry PPP Comparison Statistics

Nationwide, 5,456 businesses in the "All Other Insurance Related Activities" industry received a total of $365,950,045.00 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 5 employees, 97% lower than Ashton Tiffany LLC's reported 187 employees, and received an average PPP loan of $67,073, 97% lower than this company's loan of $2.46M.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ashton-tiffany-llc-phoenix-az