PPP Loan Data — The War And Treaty Corporation, Franklin, TN
The War And Treaty Corporation is a subchapter s corporation located at 110 3rd Ave N in Franklin, Tennessee that received a Coronavirus-related PPP loan from the SBA of $46,822.00 in January, 2021.
The company has reported itself as a Black or african american female owned business, and employed at least seven people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:City National Bank
The War And Treaty Corporation in Franklin, TN received a Paycheck Protection Loan of $46,822 through City 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, The War And Treaty Corporation's 2019 payroll expenses are estimated to be at least $224,746.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $32,107 per employee1
Reported PPP Proceed Usage:
On the PPP application, The War And Treaty Corporation reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,822
Business Information - The War And Treaty Corporation in Franklin, TN
110 3rd Ave N
Franklin, TN 37064
Independent Artists, Writers, and Performers
NAICS code 711510
Business Owner Demographics
Race: Black or African American
Gender: Female Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Franklin
In the Franklin area, 140 businesses in the "Independent Artists, Writers, and Performers" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 7) and received an average PPP loan of $30,564 (compared to this company's $46,822).
Similar Nearby Businesses Who Received PPP Funding:
Illuminate Us Inc
We Are 1 Movement, Inc
Let The Light Shine LLC
Calvin Scott Leathers
Bryan Keith Carlock
Debra Lynn Center
Industry PPP Comparison Statistics
Nationwide, 99,116 businesses in the "Independent Artists, Writers, and Performers" industry received a total of $1.63B 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 2 employees, 71% lower than The War And Treaty Corporation's reported 7 employees, and received an average PPP loan of $16,422, 65% lower than this company's loan of $46,822.
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Footnotes & Information
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