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

PPP Loan Data — Calculated Risk Group LP, Bedford, TX

ALERT: There are 2 PPP loans for a total of $4.63M in our database for businesses with the name "Calculated Risk Group LP" in Bedford, TX. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Calculated Risk Group LP

FRANCHISE

TX

Calculated Risk Group LP

Entity: Limited Liability Company (LLC)

Industry: Motorcycle, ATV, and All Other Motor Vehicle Dealers

Franchise: Harley Davidson - Motor Cycle Dealer Contract

Location: Bedford, TX

Search All PPP Data

Calculated Risk Group LP is a limited liability company (LLC) located at 1 Texas Harley Way in Bedford, Texas that received a Coronavirus-related PPP loan from the SBA of $1,867,400.00 in March, 2021. This business is a Harley Davidson - Motor Cycle Dealer Contract franchise.

$ PPP Loan Information
Loan #3749248608

Loan Size:

$1.87M

Jobs Retained:

131

Loan Approved:

2021-03-17

Loan Status:

Active Un-Disbursed

Lender:

American Bank, National Association
PPP Funds Undisbursed

Calculated Risk Group LP in Bedford, TX received a Paycheck Protection Loan of $1.87M through American Bank, National Association, which was approved in March, 2021.

While this loan has been approved by the Small Business Administration, the lender has not reported to the SBA that the loan funds were disbursed to the borrower. According to SBA records, a total of $1.87M in approved PPP funding has not been disbursed. The loan's status was last updated by the SBA in March, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Calculated Risk Group LP's 2019 payroll expenses are estimated to be at least $8.96M.

Based on their reported 131 jobs retained, this equals an estimated average yearly compensation of $68,424 per employee1

Reported PPP Proceed Usage:

On the PPP application, Calculated Risk Group LP reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,867,397
  • Utilities: $1

Business Information - Calculated Risk Group LP in Bedford, TX

Calculated Risk Group LP
1 Texas Harley Way
Bedford, TX 76021

Business Industry:
Motorcycle, ATV, and All Other Motor Vehicle Dealers
NAICS code 441228

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Tarrant County, TX — SBA Office 0610 — Congressional District: TX-24

Similar Companies near Bedford

In the Bedford area, 5 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a PPP loan. These local businesses reported an average of 82 employees (compared to this company's 131) and received an average PPP loan of $1,009,342 (compared to this company's $1.87M).

Industry PPP Comparison Statistics

Nationwide, 6,968 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a total of $1.06B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 15 employees, 89% lower than Calculated Risk Group LP's reported 131 employees, and received an average PPP loan of $151,706, 92% lower than this company's loan of $1.87M.

SBA PPP loan data, payroll data, and salaries for Calculated Risk Group, LP
TX

Calculated Risk Group, LP

Entity: Limited Liability Company (LLC)

Industry: Motorcycle, ATV, and All Other Motor Vehicle Dealers

Location: Bedford, TX

Search All PPP Data

Calculated Risk Group, LP is a limited liability company (LLC) located at 1 Texas Harley Way in Bedford, Texas that received a Coronavirus-related PPP loan from the SBA of $2,761,600.00 in April, 2020.

$ PPP Loan Information
Loan #7403107007

Loan Size:

$2.76M

Jobs Retained:

238

Loan Approved:

2020-04-07

Loan Status:

Ongoing Loan

Lender:

American Bank, National Association

Calculated Risk Group, LP in Bedford, TX received a Paycheck Protection Loan of $2.76M through American Bank, National Association, which was approved in April, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Calculated Risk Group, LP's 2019 payroll expenses are estimated to be at least $13.26M.

Based on their reported 238 jobs retained, this equals an estimated average yearly compensation of $55,696 per employee1

Reported PPP Proceed Usage:

On the PPP application, Calculated Risk Group, LP reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,761,600
Because the loan received by Calculated Risk Group, LP 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 - Calculated Risk Group, LP in Bedford, TX

Calculated Risk Group, LP
1 Texas Harley Way
Bedford, TX 76021

Business Industry:
Motorcycle, ATV, and All Other Motor Vehicle Dealers
NAICS code 441228

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Tarrant County, TX — SBA Office 0610 — Congressional District: TX-24

Similar Companies near Bedford

In the Bedford area, 5 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a PPP loan. These local businesses reported an average of 82 employees (compared to this company's 238) and received an average PPP loan of $1,009,342 (compared to this company's $2.76M).

Industry PPP Comparison Statistics

Nationwide, 6,968 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a total of $1.06B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 15 employees, 94% lower than Calculated Risk Group, LP's reported 238 employees, and received an average PPP loan of $151,706, 95% lower than this company's loan of $2.76M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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/calculated-risk-group-lp-bedford-tx