PPP Loan Data — Ball Homes, LLC, Lexington, KY
Ball Homes, LLC
Entity: Limited Liability Company (LLC)
Location: Lexington, KYTweet This • Search All PPP Data
Ball Homes, LLC is a limited liability company (LLC) located at 3609 Walden Dr in Lexington, Kentucky that received a Coronavirus-related PPP loan from the SBA of $3,597,200.00 in April, 2020.
$ PPP Loan Information
Lender:CENTRAL BANK & TRUST CO.
Ball Homes, LLC in Lexington, KY received a Paycheck Protection Loan of $3.6M through CENTRAL BANK & TRUST CO., which was approved in April, 2020.
Based on standard PPP eligibility rules, Ball Homes, LLC's total 2019 payroll expenses were approximately $17.27M in order to qualify for the PPP loan amount received.
Based on their reported 268 jobs retained, this equals an estimated average yearly compensation of $64,427 per employee1.
Business Information - Ball Homes, LLC in Lexington, KY
3609 Walden Dr
Lexington, KY 40517
New Single-Family Housing Construction (except For-Sale Builders) (NAICS code 236115)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KY-06
Similar Companies near Lexington
In the Lexington area, 2 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 135 employees (compared to this company's 268) and received an average PPP loan of $1,800,039 (compared to this company's $3.6M).
Similar Nearby Businesses Who Received PPP Funding:
Carlos Zelaya Flores
Industry PPP Comparison Statistics
Nationwide, 64,726 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a total of $3,790,773,096.00 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 5 employees, 98% lower than Ball Homes, LLC's reported 268 employees, and received an average PPP loan of $58,566, 98% lower than this company's loan of $3.6M.
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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