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PPP Loan Data — Carter-Haston Real Estate Services Inc, Nashville, TN

SBA PPP loan data, payroll data, and salaries for Carter-Haston Real Estate Services Inc
TN

Carter-Haston Real Estate Services Inc

Entity: Subchapter S Corporation

Industry: Lessors of Residential Buildings and Dwellings

Location: Nashville, TN

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Carter-Haston Real Estate Services Inc is a subchapter s corporation located at 3301 West End Avenue in Nashville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $4,133,600.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.13M

Jobs Retained:

382

Loan Approved:

2020-04-14

Lender:

RELIANT BANK

Carter-Haston Real Estate Services Inc received a Paycheck Protection Loan of $4.13M through RELIANT BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Carter-Haston Real Estate Services Inc's total 2019 payroll expenses were approximately $19.84M in order to qualify for the PPP loan amount received.

Based on their reported 382 jobs retained, this equals an estimated average yearly compensation of $51,941 per employee1.

Because the loan received by Carter-Haston Real Estate Services Inc 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 - Carter-Haston Real Estate Services Inc in Nashville, TN

Carter-Haston Real Estate Services Inc
3301 West End Avenue
Nashville, TN 37203

Business Industry

Lessors of Residential Buildings and Dwellings (NAICS code 531110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TN-05

Similar Companies near Nashville

In the Nashville area, 18 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 382) and received an average PPP loan of $314,102 (compared to this company's $4.13M).

Industry PPP Comparison Statistics

Nationwide, 20,568 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $1,664,555,814.00 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 Carter-Haston Real Estate Services Inc's reported 382 employees, and received an average PPP loan of $80,929, 98% lower than this company's loan of $4.13M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/carter-haston-real-estate-services-inc-nashville-tn