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PPP Loan Data — CRC Tellers, LLC, Indianapolis, IN

SBA PPP loan data, payroll data, and salaries for CRC Tellers, LLC
IN

CRC Tellers, LLC

Entity: Limited Liability Company (LLC)

Industry: Professional Employer Organizations

Location: Indianapolis, IN

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CRC Tellers, LLC is a limited liability company (LLC) located at 7131 Bluffridge Blvd in Indianapolis, Indiana that received a Coronavirus-related PPP loan from the SBA of $138,200.00 in April, 2020.

The company has reported itself as a female owned business, and employed at least twelve people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$138,200

Jobs Retained:

12

Loan Approved:

2020-04-27

Lender:

OLD NATIONAL BANK

CRC Tellers, LLC received a Paycheck Protection Loan of $138,200 through OLD NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, CRC Tellers, LLC's total 2019 payroll expenses were approximately $663,360 in order to qualify for the PPP loan amount received.

Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $55,280 per employee1.

Business Information - CRC Tellers, LLC in Indianapolis, IN

CRC Tellers, LLC
7131 Bluffridge Blvd
Indianapolis, IN 46278

Business Industry

Professional Employer Organizations (NAICS code 561330)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: FEMALE OWNED

Veteran Status: Unreported

Congressional District: IN-05

Similar Companies near Indianapolis

In the Indianapolis area, 2 businesses in the "Professional Employer Organizations" industry received a PPP loan. These local businesses reported an average of 107 employees (compared to this company's 12) and received an average PPP loan of $1,720,200 (compared to this company's $138,200).

Similar Nearby Businesses Who Received PPP Funding:

Access Therapies, Inc.
Indianapolis, IN

$3.3M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,298 businesses in the "Professional Employer Organizations" industry received a total of $544,321,819.00 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 38 employees, 217% higher than CRC Tellers, LLC's reported 12 employees, and received an average PPP loan of $419,354, 203% higher than this company's loan of $138,200.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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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/crc-tellers-llc-indianapolis-in