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PPP Loan Data — ATA National Title Group LLC,
Farmington Hills, MI
ATA National Title Group LLC
Entity: Limited Liability Company (LLC)
Industry: Title Abstract and Settlement Offices
Location: Farmington Hills, MI
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ATA National Title Group LLC is a limited liability company (LLC) located at 31440 Northwestern Hwy, #100 in Farmington Hills, Michigan that received a Coronavirus-related PPP loan from the SBA of $4,021,300.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
432Loan Approved:
2020-04-16Lender:
PNC BANK, NATIONAL ASSOCIATIONATA National Title Group LLC in Farmington Hills, MI received a Paycheck Protection Loan of $4.02M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, ATA National Title Group LLC's total 2019 payroll expenses were approximately $19.3M in order to qualify for the PPP loan amount received.
Based on their reported 432 jobs retained, this equals an estimated average yearly compensation of $44,681 per employee1.
Business Information - ATA National Title Group LLC in Farmington Hills, MI
31440 Northwestern Hwy, #100
Farmington Hills, MI 48334
Business Industry
Title Abstract and Settlement Offices (NAICS code 541191)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MI-14Similar Companies near Farmington Hills
In the Farmington Hills area, 4 businesses in the "Title Abstract and Settlement Offices" industry received a PPP loan. These local businesses reported an average of 225 employees (compared to this company's 432) and received an average PPP loan of $1,185,871 (compared to this company's $4.02M).
Similar Nearby Businesses Who Received PPP Funding:
Home Title Connect, LLC
Farmington Hills, MI
Midstate Title Agency Of Southern Michigan, LLC
Farmington Hills, MI
Transworld Title Company, LLC
Farmington Hills, MI
Industry PPP Comparison Statistics
Nationwide, 4,290 businesses in the "Title Abstract and Settlement Offices" industry received a total of $440,133,288.00 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 8 employees, 98% lower than ATA National Title Group LLC's reported 432 employees, and received an average PPP loan of $102,595, 97% lower than this company's loan of $4.02M.
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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