PPP Loan Data — I.C. Thomasson Associates Inc., Nashville, TN
I.C. Thomasson Associates Inc. is a corporation located at 29501 Kraft Dr in Nashville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $4,066,300.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 205 people during the applicable loan loan period.
$ PPP Loan Information
I.C. Thomasson Associates Inc. received a Paycheck Protection Loan of $4.07M through PINNACLE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, I.C. Thomasson Associates Inc.'s total 2019 payroll expenses were approximately $19.52M in order to qualify for the PPP loan amount received.
Based on their reported 205 jobs retained, this equals an estimated average yearly compensation of $95,211 per employee1.
Business Information - I.C. Thomasson Associates Inc. in Nashville, TN
29501 Kraft Dr
Nashville, TN 37204
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: VETERANCongressional District: TN-05
Similar Companies near Nashville
In the Nashville area, 16 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 48 employees (compared to this company's 205) and received an average PPP loan of $922,897 (compared to this company's $4.07M).
Similar Nearby Businesses Who Received PPP Funding:
Power Management Corporation
Envision Advantage, LLC
JJP Mechanical Reps
EMC Structural Engineers, PC
PWP Structural Engineers, LLC
Epiq Engineering LLC
Planned Design And Research Engineers
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, 93% lower than I.C. Thomasson Associates Inc.'s reported 205 employees, and received an average PPP loan of $249,856, 94% lower than this company's loan of $4.07M.
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