PPP Loan Data — Transportation Safety Consultants, Inc, Topeka, KS
Transportation Safety Consultants, Inc is a subchapter s corporation located at 3507 Se 21st Street in Topeka, Kansas that received a Coronavirus-related PPP loan from the SBA of $25,415.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least three people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:CoreFirst Bank & Trust
Transportation Safety Consultants, Inc in Topeka, KS received a Paycheck Protection Loan of $25,415 through CoreFirst Bank & Trust, 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, Transportation Safety Consultants, Inc's 2019 payroll expenses are estimated to be at least $121,992.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,664 per employee1
Reported PPP Proceed Usage:
On the PPP application, Transportation Safety Consultants, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,415
Business Information - Transportation Safety Consultants, Inc in Topeka, KS
3507 Se 21st Street
Topeka, KS 66607
Other Support Activities for Road Transportation
NAICS code 488490
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 10,832 businesses in the "Other Support Activities for Road Transportation" industry received a total of $409.57M 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 4 employees, 33% higher than Transportation Safety Consultants, Inc's reported 3 employees, and received an average PPP loan of $37,811, 49% higher than this company's loan of $25,415.
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Footnotes & Information
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