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PPP Loan Data — Multi-Corp Management, Inc, Carmel, IN

SBA PPP loan data, payroll data, and salaries for Multi-Corp Management, Inc

Multi-Corp Management, Inc

Entity: Corporation

Industry: Other Management Consulting Services

Location: Carmel, IN

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Multi-Corp Management, Inc is a corporation located in Carmel, Indiana that received a Coronavirus-related PPP loan from the SBA of $5,200.00 in June, 2020.

$ PPP Loan Information
Loan #5675028008

Loan Size:


Jobs Retained:


Loan Approved:


Loan Status:

Paid in Full or Forgiven


Forum CU

Multi-Corp Management, Inc in Carmel, IN received a Paycheck Protection Loan of $5,200 through Forum CU, which was approved in June, 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 July, 2021.

PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, Multi-Corp Management, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $5,200

Business Information - Multi-Corp Management, Inc in Carmel, IN

Multi-Corp Management, Inc
Carmel, IN
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Other Management Consulting Services
NAICS code 541618

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Hamilton County, IN — SBA Office 0562 — Congressional District: IN-05

Similar Companies near Carmel

In the Carmel area, 65 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $50,725 (compared to this company's $5,200).

Industry PPP Comparison Statistics

Nationwide, 82,169 businesses in the "Other Management Consulting Services" industry received a total of $3.7B 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 4 employees, 300% higher than Multi-Corp Management, Inc's reported 1 employees, and received an average PPP loan of $45,000, 765% higher than this company's loan of $5,200.

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. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

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Footnotes & Information

1. Estimations for informational purposes only. 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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