PPP Loan Data — Cyntergy Aec LLC, Tulsa, OK
Cyntergy Aec LLC
Entity: Limited Liability Company (LLC)
Location: Tulsa, OKTweet This • Search All PPP Data
Cyntergy Aec LLC is a limited liability company (LLC) located at 810 S Cincinnati Ave 2nd Fl in Tulsa, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $2,542,200.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 145 people during the applicable loan loan period.
$ PPP Loan Information
Cyntergy Aec LLC in Tulsa, OK received a Paycheck Protection Loan of $2.54M through REGENT BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Cyntergy Aec LLC's total 2019 payroll expenses were approximately $12.2M in order to qualify for the PPP loan amount received.
Based on their reported 145 jobs retained, this equals an estimated average yearly compensation of $84,156 per employee1.
Business Information - Cyntergy Aec LLC in Tulsa, OK
810 S Cincinnati Ave 2nd Fl
Tulsa, OK 74119
All Other Professional, Scientific, and Technical Services (NAICS code 541990)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: OK-01
Similar Companies near Tulsa
In the Tulsa area, 3 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 49 employees (compared to this company's 145) and received an average PPP loan of $861,287 (compared to this company's $2.54M).
Similar Nearby Businesses Who Received PPP Funding:
Foam Swabs Technologies Inc
Industry PPP Comparison Statistics
Nationwide, 63,722 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $4,746,522,934.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 96% lower than Cyntergy Aec LLC's reported 145 employees, and received an average PPP loan of $74,488, 97% lower than this company's loan of $2.54M.
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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