PPP Loan Data — Clarksville Bc, LLC, Clarksville, TN
Clarksville Bc, LLC
Entity: Limited Liability Company (LLC)
Location: Clarksville, TNTweet This • Search All PPP Data
Clarksville Bc, LLC is a limited liability company (LLC) located at 118 9th Street in Clarksville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $46,602.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Clarksville Bc, LLC in Clarksville, TN received a Paycheck Protection Loan of $46,602 through Reliant Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in April, 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, Clarksville Bc, LLC's 2019 payroll expenses are estimated to be at least $223,690.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,738 per employee1
Reported PPP Proceed Usage:
On the PPP application, Clarksville Bc, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $34,951
- Utilities: $5,824
- Mortgage Interest: $5,827
Business Information - Clarksville Bc, LLC in Clarksville, TN
118 9th Street
Clarksville, TN 37040
Service Establishment Equipment and Supplies Merchant Wholesalers
NAICS code 423850
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Clarksville
In the Clarksville area, 4 businesses in the "Service Establishment Equipment and Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 5) and received an average PPP loan of $30,968 (compared to this company's $46,602).
Similar Nearby Businesses Who Received PPP Funding:
Queen City Restaurant Equipment, LLC
Industry PPP Comparison Statistics
Nationwide, 4,109 businesses in the "Service Establishment Equipment and Supplies Merchant Wholesalers" industry received a total of $423.68M 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 10 employees, 100% higher than Clarksville Bc, LLC's reported 5 employees, and received an average PPP loan of $103,111, 121% higher than this company's loan of $46,602.
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Footnotes & Information
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