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PPP Loan Data — Harrison French & Associates, LTD, Bentonville, AR

SBA PPP loan data, payroll data, and salaries for Harrison French & Associates, LTD
AR

Harrison French & Associates, LTD

Entity: Limited Liability Company (LLC)

Industry: Architectural Services

Location: Bentonville, AR

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Harrison French & Associates, LTD is a limited liability company (LLC) located at 1705 South Walton Blvd Suite 3 in Bentonville, Arkansas that received a Coronavirus-related PPP loan from the SBA of $3,955,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.96M

Jobs Retained:

245

Loan Approved:

2020-04-06

Lender:

ARVEST BANK

Harrison French & Associates, LTD received a Paycheck Protection Loan of $3.96M through ARVEST BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Harrison French & Associates, LTD's total 2019 payroll expenses were approximately $18.98M in order to qualify for the PPP loan amount received.

Based on their reported 245 jobs retained, this equals an estimated average yearly compensation of $77,490 per employee1.

Because the loan received by Harrison French & Associates, LTD is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Harrison French & Associates, LTD in Bentonville, AR

Harrison French & Associates, LTD
1705 South Walton Blvd Suite 3
Bentonville, AR 72712

Business Industry

Architectural Services (NAICS code 541310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AR-03

Similar Companies near Bentonville

In the Bentonville area, 5 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 245) and received an average PPP loan of $830,451 (compared to this company's $3.96M).

Industry PPP Comparison Statistics

Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, 97% lower than Harrison French & Associates, LTD's reported 245 employees, and received an average PPP loan of $149,750, 96% lower than this company's loan of $3.96M.

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.

Search FederalPay's Full PPP Loan Database

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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Source: www.federalpay.org/paycheck-protection-program/harrison-french-and-associates-ltd-bentonville-ar