PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Umansky Hoc, LLC, Memphis, TN

SBA PPP loan data, payroll data, and salaries for Umansky Hoc, LLC

Umansky Hoc, LLC

Entity: Limited Liability Company (LLC)

Industry: Home Centers

Location: Memphis, TN

Search All PPP Data

Umansky Hoc, LLC is a limited liability company (LLC) located at 2611 Ridgeway Rd in Memphis, Tennessee that received a Coronavirus-related PPP loan from the SBA of $2,725,520.00 in April, 2020.

$ PPP Loan Information
Loan #4667877102

Loan Size:


Jobs Retained:


Loan Approved:


Loan Status:

Ongoing Loan


Pinnacle Bank

Umansky Hoc, LLC in Memphis, TN received a Paycheck Protection Loan of $2.73M through Pinnacle Bank, which was approved in April, 2020.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Umansky Hoc, LLC's 2019 payroll expenses are estimated to be at least $13.08M.

Based on their reported 236 jobs retained, this equals an estimated average yearly compensation of $55,434 per employee1

Reported PPP Proceed Usage:

On the PPP application, Umansky Hoc, LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,725,520
Because the loan received by Umansky Hoc, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Umansky Hoc, LLC in Memphis, TN

Umansky Hoc, LLC
2611 Ridgeway Rd
Memphis, TN 38119

Business Industry:
Home Centers
NAICS code 444110

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Shelby County, TN — SBA Office 0474 — Congressional District: TN-09

Similar Companies near Memphis

In the Memphis area, 2 businesses in the "Home Centers" industry received a PPP loan. These local businesses reported an average of 153 employees (compared to this company's 236) and received an average PPP loan of $1,712,092 (compared to this company's $2.73M).

Similar Nearby Businesses Who Received PPP Funding:

Umansky Aom, LLC
Memphis, TN

$698,663 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 3,151 businesses in the "Home Centers" industry received a total of $435M 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 15 employees, 94% lower than Umansky Hoc, LLC's reported 236 employees, and received an average PPP loan of $138,053, 95% lower than this company's loan of $2.73M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

Have's open data tools been valuable? Consider donating!

** This Document Provided By - The Civil Employee's Resource **