PPP Loan Data — James Mark Cantrell DBA Arrowhead Survey, Franklin, TN
James Mark Cantrell DBA Arrowhead Survey
Entity: Sole Proprietorship
Location: Franklin, TNTweet This • Search All PPP Data
James Mark Cantrell DBA Arrowhead Survey is a sole proprietorship located at 4151 Old Hillsboro Rd in Franklin, Tennessee that received a Coronavirus-related PPP loan from the SBA of $46,750.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First Farmers and Merchants Bank
James Mark Cantrell DBA Arrowhead Survey in Franklin, TN received a Paycheck Protection Loan of $46,750 through First Farmers and Merchants Bank, which was approved in May, 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 April, 2021.
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, James Mark Cantrell DBA Arrowhead Survey's 2019 payroll expenses are estimated to be at least $224,400.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,880 per employee1
Reported PPP Proceed Usage:
On the PPP application, James Mark Cantrell DBA Arrowhead Survey reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,750
Business Information - James Mark Cantrell DBA Arrowhead Survey in Franklin, TN
4151 Old Hillsboro Rd
Franklin, TN 37064
Surveying and Mapping (except Geophysical) Services
NAICS code 541370
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Franklin
In the Franklin area, 4 businesses in the "Surveying and Mapping (except Geophysical) Services" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 5) and received an average PPP loan of $141,995 (compared to this company's $46,750).
Similar Nearby Businesses Who Received PPP Funding:
Wilson & Associates Engineering And Surveying PC
Wilson & Associates Engineering, PC
Industry PPP Comparison Statistics
Nationwide, 5,535 businesses in the "Surveying and Mapping (except Geophysical) Services" industry received a total of $521.74M 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 8 employees, 60% higher than James Mark Cantrell DBA Arrowhead Survey's reported 5 employees, and received an average PPP loan of $94,261, 102% higher than this company's loan of $46,750.
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