PPP Loan Data — CTK Holdings, LLLP, Spring, TX
CTK Holdings, LLLP
Entity: Limited Liability Company (LLC)
Location: Spring, TXTweet This • Search All PPP Data
CTK Holdings, LLLP is a limited liability company (LLC) located at 46 Columbia Crest Pl in Spring, Texas that received a Coronavirus-related PPP loan from the SBA of $24,967.00 in August, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
CTK Holdings, LLLP in Spring, TX received a Paycheck Protection Loan of $24,967 through JPMorgan Chase Bank, National Association, which was approved in August, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, CTK Holdings, LLLP's 2019 payroll expenses are estimated to be at least $119,842.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $59,921 per employee1
Reported PPP Proceed Usage:
On the PPP application, CTK Holdings, LLLP reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,967
Business Information - CTK Holdings, LLLP in Spring, TX
46 Columbia Crest Pl
Spring, TX 77382
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Spring
In the Spring area, 71 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 2) and received an average PPP loan of $131,062 (compared to this company's $24,967).
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Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 450% higher than CTK Holdings, LLLP's reported 2 employees, and received an average PPP loan of $119,087, 377% higher than this company's loan of $24,967.
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