PPP Loan Data — Hull & Associates LLC, Dublin, OH
Hull & Associates LLC is a limited liability company (LLC) located at 6397 Emerald Parkway Suite 200 in Dublin, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,785,750.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:The Huntington National Bank
Hull & Associates LLC in Dublin, OH received a Paycheck Protection Loan of $2.79M through The Huntington National Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based 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, Hull & Associates LLC's 2019 payroll expenses are estimated to be at least $13.37M.
Based on their reported 157 jobs retained, this equals an estimated average yearly compensation of $85,169 per employee1
Reported PPP Proceed Usage:
On the PPP application, Hull & Associates LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,785,750
Business Information - Hull & Associates LLC in Dublin, OH
6397 Emerald Parkway Suite 200
Dublin, OH 43016
NAICS code 541330
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dublin
In the Dublin area, 38 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 157) and received an average PPP loan of $481,502 (compared to this company's $2.79M).
Similar Nearby Businesses Who Received PPP Funding:
Carpenter & Cross LLC Carpenter & Cross LLC
Racar Engineering LLC
L&R Technologies, LLC
D G Engineering Services, LLC
Nick Sung Engineering, LLC
Xpert Engineering LLC
Prater Engineering Associates, Inc
Midwest Robotics LTD
Industry PPP Comparison Statistics
Nationwide, 47,152 businesses in the "Engineering Services" industry received a total of $9.19B 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 13 employees, 92% lower than Hull & Associates LLC's reported 157 employees, and received an average PPP loan of $194,873, 93% lower than this company's loan of $2.79M.
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Footnotes & Information
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