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PPP Loan Data — Central Trucking Inc,
Edinburgh, IN
Central Trucking Inc
Entity: Corporation
Industry: Specialized Freight (except Used Goods) Trucking, Long-Distance
Location: Edinburgh, IN
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Central Trucking Inc is a corporation located at 11930 N Hartman Drive in Edinburgh, Indiana that received a Coronavirus-related PPP loan from the SBA of $3,811,312.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-11Lender:
HORIZON BANKCentral Trucking Inc in Edinburgh, IN received a Paycheck Protection Loan of $3.81M through HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Central Trucking Inc's total 2019 payroll expenses were approximately $18.29M in order to qualify for the PPP loan amount received.
Unlike most businesses, Central Trucking Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Central Trucking Inc in Edinburgh, IN
11930 N Hartman Drive
Edinburgh, IN 46124
Business Industry
Specialized Freight (except Used Goods) Trucking, Long-Distance (NAICS code 484230)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IN-06Similar Companies near Edinburgh
In the Edinburgh area, 8 businesses in the "Specialized Freight (except Used Goods) Trucking, Long-Distance" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 0) and received an average PPP loan of $515,046 (compared to this company's $3.81M).
Similar Nearby Businesses Who Received PPP Funding:
LP Trucking Inc
Avon, IN
Hains Trucking LLC
Avon, IN
CTI Logistics Inc
Edinburgh, IN
R & P Logistics Inc.
Avon, IN
DJC Expedite, LLC
Avon, IN
Mahant Transportation LLC
Avon, IN
DFG Transit LLC
Avon, IN
Industry PPP Comparison Statistics
Nationwide, 7,881 businesses in the "Specialized Freight (except Used Goods) Trucking, Long-Distance" industry received a total of $718,172,322.00 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 7 employees, and received an average PPP loan of $91,127, 98% lower than this company's loan of $3.81M.
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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