PPP Loan Data — Exacta Land Surveyors LLC, Cleveland, OH
Exacta Land Surveyors LLC is a limited liability company (LLC) located at 1500 W 3rd St in Cleveland, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,418,700.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Exacta Land Surveyors LLC received a Paycheck Protection Loan of $4.42M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Exacta Land Surveyors LLC's total 2019 payroll expenses were approximately $21.21M in order to qualify for the PPP loan amount received.
Based on their reported 370 jobs retained, this equals an estimated average yearly compensation of $57,324 per employee1.
Business Information - Exacta Land Surveyors LLC in Cleveland, OH
1500 W 3rd St
Cleveland, OH 44113
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-11
Similar Companies near Cleveland
In the Cleveland area, 9 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 124 employees (compared to this company's 370) and received an average PPP loan of $2,240,844 (compared to this company's $4.42M).
Similar Nearby Businesses Who Received PPP Funding:
HWH Architects Engineers Planners
R2O Consulting LLC
Sigma Of Ohio LLC
Quality Control Services LLC
Harper Engineering, Inc.
Middough Consulting Inc.
The Osborn Engineering Company
Advanced Server Management Group, Inc.
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 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 14 employees, 96% lower than Exacta Land Surveyors LLC's reported 370 employees, and received an average PPP loan of $249,856, 94% lower than this company's loan of $4.42M.
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.
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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