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PPP Loan Data — Fitzgerald Associates Architects Inc,
Oklahoma City, OK
Fitzgerald Associates Architects Inc
Entity: Subchapter S Corporation
Industry: Architectural Services
Location: Oklahoma City, OK
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Fitzgerald Associates Architects Inc is a subchapter s corporation located at 3900 N Santa Fe Ave in Oklahoma City, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $127,447.00 in January, 2021.
The company has reported itself as a male owned business, and employed at least seven people during the applicable loan loan period.
$
PPP Loan Information
Loan #7447848309
Loan Size:
Jobs Retained:
7Loan Approved:
2021-01-28Loan Status:
Paid in Full or ForgivenLender:
NBC OklahomaFitzgerald Associates Architects Inc in Oklahoma City, OK received a Paycheck Protection Loan of $127,447 through NBC Oklahoma, which was approved in January, 2021.
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 September, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Fitzgerald Associates Architects Inc's 2019 payroll expenses are estimated to be at least $611,746.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $87,392 per employee1
Reported PPP Proceed Usage:
On the PPP application, Fitzgerald Associates Architects Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $127,445
- Utilities: $1
Business Information - Fitzgerald Associates Architects Inc in Oklahoma City, OK
3900 N Santa Fe Ave
Oklahoma City, OK 73118
Business Industry:
Architectural Services
NAICS code 541310
Business Owner Demographics
Race: Unreported
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Oklahoma City
In the Oklahoma City area, 7 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 7) and received an average PPP loan of $586,330 (compared to this company's $127,447).
Similar Nearby Businesses Who Received PPP Funding:
J.d. Mcbride Construction LLC
Oklahoma City, OK
MA+ Architecture
Oklahoma City, OK
Frankfurt Short Bruza Associates, PC
Oklahoma City, OK
MA + Architecture LLC
Oklahoma City, OK
Bockus, Payne & Associates Architects
Oklahoma City, OK
Industry PPP Comparison Statistics
Nationwide, 28,759 businesses in the "Architectural Services" industry received a total of $3.75B 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 9 employees, 29% higher than Fitzgerald Associates Architects Inc's reported 7 employees, and received an average PPP loan of $130,352, 2% higher than this company's loan of $127,447.
Fitzgerald Associates Architects, Inc
Entity: Subchapter S Corporation
Industry: Architectural Services
Location: Oklahoma City, OK
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•
Search All PPP Data
Fitzgerald Associates Architects, Inc is a subchapter s corporation located at 3900 N Santa Fe Ave in Oklahoma City, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $140,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least nine people during the applicable loan loan period.
$
PPP Loan Information
Loan #2623867109
Loan Size:
Jobs Retained:
9Loan Approved:
2020-04-11Loan Status:
Paid in Full or ForgivenLender:
RCB BankFitzgerald Associates Architects, Inc in Oklahoma City, OK received a Paycheck Protection Loan of $140,000 through RCB 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 February, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Fitzgerald Associates Architects, Inc's 2019 payroll expenses are estimated to be at least $672,000.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $74,667 per employee1
Reported PPP Proceed Usage:
On the PPP application, Fitzgerald Associates Architects, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $140,000
Business Information - Fitzgerald Associates Architects, Inc in Oklahoma City, OK
3900 N Santa Fe Ave
Oklahoma City, OK 73118
Business Industry:
Architectural Services
NAICS code 541310
Business Owner Demographics
Race: Unreported
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Oklahoma City
In the Oklahoma City area, 7 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 9) and received an average PPP loan of $586,330 (compared to this company's $140,000).
Similar Nearby Businesses Who Received PPP Funding:
J.d. Mcbride Construction LLC
Oklahoma City, OK
MA+ Architecture
Oklahoma City, OK
Frankfurt Short Bruza Associates, PC
Oklahoma City, OK
MA + Architecture LLC
Oklahoma City, OK
Bockus, Payne & Associates Architects
Oklahoma City, OK
Industry PPP Comparison Statistics
Nationwide, 28,759 businesses in the "Architectural Services" industry received a total of $3.75B 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 9 employees, the same amount reported by Fitzgerald Associates Architects, Inc and received an average PPP loan of $130,352, 7% lower than this company's loan of $140,000.
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.
Footnotes & Information
1. Estimations for informational purposes only. 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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