PPP Loan Data — Tallent & Associates, Psc, Louisville, KY
Tallent & Associates, Psc is a corporation located at 10837 Bluegrass Parkway in Louisville, Kentucky that received a Coronavirus-related PPP loan from the SBA of $46,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First Financial Bank
Tallent & Associates, Psc in Louisville, KY received a Paycheck Protection Loan of $46,000 through First Financial 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 May, 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, Tallent & Associates, Psc's 2019 payroll expenses are estimated to be at least $220,800.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $55,200 per employee1
Reported PPP Proceed Usage:
On the PPP application, Tallent & Associates, Psc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,000
Business Information - Tallent & Associates, Psc in Louisville, KY
10837 Bluegrass Parkway
Louisville, KY 40299
Offices of Certified Public Accountants
NAICS code 541211
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Louisville
In the Louisville area, 11 businesses in the "Offices of Certified Public Accountants" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 4) and received an average PPP loan of $54,781 (compared to this company's $46,000).
Similar Nearby Businesses Who Received PPP Funding:
Peercy And Gray, Psc
First Kentucky CPAs & Advisors LLC
Ward Business Group, Inc
James H. Jennings PLLC
Bluegrass Accounting Service LLC
Payrite Payroll & Accounting Services, Inc
LOU Ann Isaacs CPA, PLLC
Associates In Accounting Psc
Industry PPP Comparison Statistics
Nationwide, 57,013 businesses in the "Offices of Certified Public Accountants" industry received a total of $4.21B 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 6 employees, 50% higher than Tallent & Associates, Psc's reported 4 employees, and received an average PPP loan of $73,772, 60% higher than this company's loan of $46,000.
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Footnotes & Information
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