PPP Loan Data — Odyssey Inc, Nashville, TN
Entity: Subchapter S Corporation
Location: Nashville, TNTweet This • Search All PPP Data
Odyssey Inc is a subchapter s corporation located at 4105 Idaho Ave in Nashville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $25,500.00 in January, 2021.
The company has reported itself as a female owned business, and employed at least three people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Virginia National Bank
Odyssey Inc in Nashville, TN received a Paycheck Protection Loan of $25,500 through Virginia National Bank, which was approved in January, 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, Odyssey Inc's 2019 payroll expenses are estimated to be at least $122,400.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,800 per employee1
Reported PPP Proceed Usage:
On the PPP application, Odyssey Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,500
Business Information - Odyssey Inc in Nashville, TN
4105 Idaho Ave
Nashville, TN 37209
Administrative Management and General Management Consulting Services
NAICS code 541611
Business Owner Demographics
Gender: Female Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Nashville
In the Nashville area, 13 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 3) and received an average PPP loan of $66,548 (compared to this company's $25,500).
Similar Nearby Businesses Who Received PPP Funding:
Samuel Nugent DBA None
Sean J Lee
Vitulli Enterprises, LLC
The Ferrell Mcdaniel Company
Creative Direct Marketing Group, Inc
Industry PPP Comparison Statistics
Nationwide, 94,773 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.51B 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 5 employees, 67% higher than Odyssey Inc's reported 3 employees, and received an average PPP loan of $58,139, 128% higher than this company's loan of $25,500.
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