PPP Loan Data — Stinnet & Associates, Tulsa, OK
Stinnet & Associates is a limited liability company (LLC) located at 8811 S Yale Ave Ste 330 in Tulsa, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $1,733,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Stinnet & Associates in Tulsa, OK received a Paycheck Protection Loan of $1.73M through Arvest Bank, which was approved in April, 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 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, Stinnet & Associates' 2019 payroll expenses are estimated to be at least $8.32M.
Based on their reported 97 jobs retained, this equals an estimated average yearly compensation of $85,757 per employee1
Reported PPP Proceed Usage:
On the PPP application, Stinnet & Associates reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,733,000
Business Information - Stinnet & Associates in Tulsa, OK
8811 S Yale Ave Ste 330
Tulsa, OK 74137
Other Accounting Services
NAICS code 541219
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Tulsa
In the Tulsa area, 25 businesses in the "Other Accounting Services" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 97) and received an average PPP loan of $119,390 (compared to this company's $1.73M).
Similar Nearby Businesses Who Received PPP Funding:
Morse Consulting Inc
Williams Jarrett Smith & Co. PC
Hinkle & Company, PC
The Full Plate LLC
Office Management Co LTD
Oklahoma Medical Billing Inc
Koehler & Associates, Inc
Industry PPP Comparison Statistics
Nationwide, 64,443 businesses in the "Other Accounting Services" industry received a total of $2.03B 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 3 employees, 97% lower than Stinnet & Associates' reported 97 employees, and received an average PPP loan of $31,571, 98% lower than this company's loan of $1.73M.
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Footnotes & Information
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