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PPP Loan Data — Chosen Consulting LLC, Fishers, IN

SBA PPP loan data, payroll data, and salaries for Chosen Consulting LLC
IN

Chosen Consulting LLC

Entity: Limited Liability Company (LLC)

Industry: Nursing Care Facilities (Skilled Nursing Facilities)

Location: Fishers, IN

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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

Loan Size:

$4M

Jobs Retained:

406

Loan Approved:

2020-04-06

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.

Because the loan received by Chosen Consulting LLC 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 - Chosen Consulting LLC in Fishers, IN

Chosen Consulting LLC
11988 Fishers Crossing Dr
Fishers, IN 46038

Business Industry

Nursing Care Facilities (Skilled Nursing Facilities) (NAICS code 623110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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).

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.

Search FederalPay's Full PPP Loan Database

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/chosen-consulting-llc-fishers-in