PPP Loan Data — Zurich Homes Group, LLC, Franklin, TN
Zurich Homes Group, LLC
Entity: Limited Liability Company (LLC)
Location: Franklin, TNTweet This • Search All PPP Data
Zurich Homes Group, LLC is a limited liability company (LLC) located at 1401 Championship Blvd. in Franklin, Tennessee that received a Coronavirus-related PPP loan from the SBA of $61,011.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Zurich Homes Group, LLC received a Paycheck Protection Loan of $61,011 through FIRSTBANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Zurich Homes Group, LLC's total 2019 payroll expenses were approximately $292,853 in order to qualify for the PPP loan amount received.
Unlike most businesses, Zurich Homes Group, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Zurich Homes Group, LLC in Franklin, TN
1401 Championship Blvd.
Franklin, TN 37064
New Single-Family Housing Construction (except For-Sale Builders) (NAICS code 236115)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-07
Similar Companies near Franklin
In the Franklin area, 25 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 0) and received an average PPP loan of $177,667 (compared to this company's $61,011).
Similar Nearby Businesses Who Received PPP Funding:
Luna Custom Homes LLC
Vision Builders, LLC DBA Bordeaux Homes
Titan Remodeling Of Tennessee LLC
Crosspoint Construction, LLC
Flautt Construction LLC
Huskey Truss & Building Supply, Inc.
Perkins & Son Construction LLC
Hunter Hanvy DBA None
Construction Ventures Tennessee LLC
Industry PPP Comparison Statistics
Nationwide, 64,726 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a total of $3,790,773,096.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, and received an average PPP loan of $58,566, 4% lower than this company's loan of $61,011.
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.
Footnotes & Information
1. 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.
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