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PPP Loan Data — Keystone Business Advisory Services, LLC,
Charleston, SC
Keystone Business Advisory Services, LLC
Entity: Limited Liability Company (LLC)
Industry: Land Subdivision
Location: Charleston, SC
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Keystone Business Advisory Services, LLC is a limited liability company (LLC) located at 211 King St in Charleston, South Carolina that received a Coronavirus-related PPP loan from the SBA of $3,891,900.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
261Loan Approved:
2020-04-06Lender:
PINNACLE BANKKeystone Business Advisory Services, LLC in Charleston, SC received a Paycheck Protection Loan of $3.89M through PINNACLE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Keystone Business Advisory Services, LLC's total 2019 payroll expenses were approximately $18.68M in order to qualify for the PPP loan amount received.
Based on their reported 261 jobs retained, this equals an estimated average yearly compensation of $71,575 per employee1.
Business Information - Keystone Business Advisory Services, LLC in Charleston, SC
211 King St
Charleston, SC 29401
Business Industry
Land Subdivision (NAICS code 237210)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: SC-01Similar Companies near Charleston
In the Charleston area, 2 businesses in the "Land Subdivision" industry received a PPP loan. These local businesses reported an average of 157 employees (compared to this company's 261) and received an average PPP loan of $2,129,200 (compared to this company's $3.89M).
Similar Nearby Businesses Who Received PPP Funding:
Halls On The Beach LLC
Charleston, SC
Industry PPP Comparison Statistics
Nationwide, 3,472 businesses in the "Land Subdivision" industry received a total of $375,266,179.00 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, 97% lower than Keystone Business Advisory Services, LLC's reported 261 employees, and received an average PPP loan of $108,084, 97% lower than this company's loan of $3.89M.
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, and is published unmodified, as provided by the SBA.
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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