PPP Loan Data — The Chalker Group LLC, Mountain Brook, AL
The Chalker Group LLC is a limited liability company (LLC) located at 300 Office Park Dr Ste 116 in Mountain Brook, Alabama that received a Coronavirus-related PPP loan from the SBA of $46,900.00 in April, 2020.
The company has reported itself as an American indian or alaska native female owned business, and employed at least twelve people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
The Chalker Group LLC in Mountain Brook, AL received a Paycheck Protection Loan of $46,900 through Regions Bank, which was approved in April, 2020.
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, The Chalker Group LLC's 2019 payroll expenses are estimated to be at least $225,120.
Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $18,760 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Chalker Group LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,900
Business Information - The Chalker Group LLC in Mountain Brook, AL
300 Office Park Dr Ste 116
Mountain Brook, AL 35223
Temporary Help Services
NAICS code 561320
Business Owner Demographics
Race: American Indian or Alaska Native
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Mountain Brook
In the Mountain Brook area, 2 businesses in the "Temporary Help Services" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 12) and received an average PPP loan of $40,590 (compared to this company's $46,900).
Similar Nearby Businesses Who Received PPP Funding:
The Chalker Group LLC
Mountain Brk, AL
Industry PPP Comparison Statistics
Nationwide, 8,994 businesses in the "Temporary Help Services" industry received a total of $3.65B 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 51 employees, 325% higher than The Chalker Group LLC's reported 12 employees, and received an average PPP loan of $405,841, 765% higher than this company's loan of $46,900.
FederalPay's PPP Information Policy
Footnotes & Information
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