PPP Loan Data — Ratio Architects, Inc., Indianapolis, IN
Ratio Architects, Inc. is a subchapter s corporation located at 101 South Pennsylvania Street in Indianapolis, Indiana that received a Coronavirus-related PPP loan from the SBA of $3,143,800.00 in April, 2020.
$ PPP Loan Information
Ratio Architects, Inc. received a Paycheck Protection Loan of $3.14M through BUSEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ratio Architects, Inc.'s total 2019 payroll expenses were approximately $15.09M in order to qualify for the PPP loan amount received.
Based on their reported 179 jobs retained, this equals an estimated average yearly compensation of $84,303 per employee1.
Business Information - Ratio Architects, Inc. in Indianapolis, IN
101 South Pennsylvania Street
Indianapolis, IN 46204
Architectural Services (NAICS code 541310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-07
Similar Companies near Indianapolis
In the Indianapolis area, 12 businesses in the "Architectural Services" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 179) and received an average PPP loan of $631,613 (compared to this company's $3.14M).
Similar Nearby Businesses Who Received PPP Funding:
Schmidt Associates Inc
The Odle Mcguire & Shook Corporation
Neon Architecture LLC
Browning Day Mullins Dierdorf, PC
ARC Design, PC
Industry PPP Comparison Statistics
Nationwide, 17,027 businesses in the "Architectural Services" industry received a total of $2,549,800,767.00 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 8 employees, 96% lower than Ratio Architects, Inc.'s reported 179 employees, and received an average PPP loan of $149,750, 95% lower than this company's loan of $3.14M.
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