PPP Loan Data — Chosen Consulting LLC, Fishers, IN
Chosen Consulting LLC
Entity: Limited Liability Company (LLC)
Location: Fishers, INTweet This • Search All PPP Data
Chosen Consulting LLC is a limited liability company (LLC) located at 11988 Fishers Crossing Dr in Fishers, Indiana that received a Coronavirus-related PPP loan from the SBA of $4,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:CFG COMMUNITY BANK
Chosen Consulting LLC in Fishers, IN received a Paycheck Protection Loan of $4M through CFG COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Chosen Consulting LLC's total 2019 payroll expenses were approximately $19.2M in order to qualify for the PPP loan amount received.
Based on their reported 406 jobs retained, this equals an estimated average yearly compensation of $47,291 per employee1.
Business Information - Chosen Consulting LLC in Fishers, IN
11988 Fishers Crossing Dr
Fishers, IN 46038
Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-05
Similar Companies near Fishers
In the Fishers area, 3 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a PPP loan. These local businesses reported an average of 190 employees (compared to this company's 406) and received an average PPP loan of $1,691,600 (compared to this company's $4M).
Similar Nearby Businesses Who Received PPP Funding:
Lacy Beyl & Company, Inc.
Ambassador Healthcare LLC
Industry PPP Comparison Statistics
Nationwide, 9,872 businesses in the "Nursing Care Facilities (Skilled Nursing Facilities)" industry received a total of $5,508,018,433.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 66 employees, 84% lower than Chosen Consulting LLC's reported 406 employees, and received an average PPP loan of $557,944, 86% lower than this company's loan of $4M.
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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