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PPP Loan Data — HKP Corp., Indianapolis, IN

SBA PPP loan data, payroll data, and salaries for HKP Corp.

HKP Corp.

Entity: Corporation

Industry: Lessors of Nonresidential Buildings (except Miniwarehouses)

Location: Indianapolis, IN

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HKP Corp. is a corporation located at 500 East 96th Street in Indianapolis, Indiana that received a Coronavirus-related PPP loan from the SBA of $5,924,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




HKP Corp. received a Paycheck Protection Loan of $5.92M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, HKP Corp.'s total 2019 payroll expenses were approximately $28.44M in order to qualify for the PPP loan amount received.

Based on their reported 499 jobs retained, this equals an estimated average yearly compensation of $56,986 per employee1.

Because the loan received by HKP Corp. 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 - HKP Corp. in Indianapolis, IN

HKP Corp.
500 East 96th Street
Indianapolis, IN 46240

Business Industry

Lessors of Nonresidential Buildings (except Miniwarehouses) (NAICS code 531120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: IN-05

Similar Companies near Indianapolis

In the Indianapolis area, 6 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 499) and received an average PPP loan of $1,100,973 (compared to this company's $5.92M).

Industry PPP Comparison Statistics

Nationwide, 14,874 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a total of $1,433,708,089.00 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 9 employees, 98% lower than HKP Corp.'s reported 499 employees, and received an average PPP loan of $96,390, 98% lower than this company's loan of $5.92M.

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.

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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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** This Document Provided By - The Civil Employee's Resource **