PPP Loan Data — Carpenter Chiropractic Center PLLC, Louisville, KY
Carpenter Chiropractic Center PLLC is a limited liability company (LLC) located at 161 Saint Matthews Ave Ste 13 in Louisville, Kentucky that received a Coronavirus-related PPP loan from the SBA of $46,328.00 in January, 2021.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Stock Yards Bank & Trust Company
Carpenter Chiropractic Center PLLC in Louisville, KY received a Paycheck Protection Loan of $46,328 through Stock Yards Bank & Trust Company, which was approved in January, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Carpenter Chiropractic Center PLLC's 2019 payroll expenses are estimated to be at least $222,374.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,475 per employee1
Reported PPP Proceed Usage:
On the PPP application, Carpenter Chiropractic Center PLLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,328
Business Information - Carpenter Chiropractic Center PLLC in Louisville, KY
161 Saint Matthews Ave Ste 13
Louisville, KY 40207
Offices of Chiropractors
NAICS code 621310
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Louisville
In the Louisville area, 20 businesses in the "Offices of Chiropractors" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 5) and received an average PPP loan of $24,811 (compared to this company's $46,328).
Similar Nearby Businesses Who Received PPP Funding:
Chiropractic Louisville, PLLC
Zemba Chiropractic, Inc
Louisville Spinal Care, Inc
Louisville Spinal Care
Dr David A Zemba Jr Inc
Industry PPP Comparison Statistics
Nationwide, 49,175 businesses in the "Offices of Chiropractors" industry received a total of $1.52B 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 4 employees, 20% lower than Carpenter Chiropractic Center PLLC's reported 5 employees, and received an average PPP loan of $30,923, 33% lower than this company's loan of $46,328.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!