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

PPP Loan Data — AAA Pumping Service Company Inc, Green River, WY

ALERT: There are 2 PPP loans for a total of $134,376 in our database for businesses with the name "AAA Pumping Service Company Inc" in Green River, WY. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for AAA Pumping Service Company Inc
WY

AAA Pumping Service Company Inc

Entity: Corporation

Industry: Support Activities for Oil and Gas Operations

Location: Green River, WY

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AAA Pumping Service Company Inc is a corporation located at 3101 State in Green River, Wyoming that received a Coronavirus-related PPP loan from the SBA of $65,616.00 in January, 2021.

The company has reported itself as a male owned business, and employed at least five people during the applicable loan loan period.

$ PPP Loan Information
Loan #7796778310

Loan Size:

$65,616

Jobs Retained:

5

Loan Approved:

2021-01-28

Loan Status:

Paid in Full or Forgiven

Lender:

U.S. Bank, National Association

AAA Pumping Service Company Inc in Green River, WY received a Paycheck Protection Loan of $65,616 through U.S. Bank, National Association, which was approved in January, 2021.

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 August, 2021.

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, AAA Pumping Service Company Inc's 2019 payroll expenses are estimated to be at least $314,957.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $62,991 per employee1

Reported PPP Proceed Usage:

On the PPP application, AAA Pumping Service Company Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $65,614
  • Utilities: $1

Business Information - AAA Pumping Service Company Inc in Green River, WY

AAA Pumping Service Company Inc
3101 State
Green River, WY 82935

Business Industry:
Support Activities for Oil and Gas Operations
NAICS code 213112

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Sweetwater County, WY — SBA Office 0897 — Congressional District: WY-

Similar Companies near Green River

In the Green River area, 9 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 5) and received an average PPP loan of $101,526 (compared to this company's $65,616).

Industry PPP Comparison Statistics

Nationwide, 20,749 businesses in the "Support Activities for Oil and Gas Operations" industry received a total of $3.85B 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 12 employees, 140% higher than AAA Pumping Service Company Inc's reported 5 employees, and received an average PPP loan of $185,324, 182% higher than this company's loan of $65,616.

SBA PPP loan data, payroll data, and salaries for AAA Pumping Service Company, Inc
WY

AAA Pumping Service Company, Inc

Entity: Corporation

Industry: Insurance Agencies and Brokerages

Location: Green River, WY

Search All PPP Data

AAA Pumping Service Company, Inc is a corporation located at 3101 State in Green River, Wyoming that received a Coronavirus-related PPP loan from the SBA of $68,760.00 in May, 2020.

The company has reported itself as a male owned business, and employed at least six people during the applicable loan loan period.

$ PPP Loan Information
Loan #8382347700

Loan Size:

$68,760

Jobs Retained:

6

Loan Approved:

2020-05-01

Loan Status:

Paid in Full or Forgiven

Lender:

U.S. Bank, National Association

AAA Pumping Service Company, Inc in Green River, WY received a Paycheck Protection Loan of $68,760 through U.S. Bank, National Association, which was approved in May, 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 July, 2021.

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, AAA Pumping Service Company, Inc's 2019 payroll expenses are estimated to be at least $330,048.

Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $55,008 per employee1

Reported PPP Proceed Usage:

On the PPP application, AAA Pumping Service Company, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $68,760

Business Information - AAA Pumping Service Company, Inc in Green River, WY

AAA Pumping Service Company, Inc
3101 State
Green River, WY 82935

Business Industry:
Insurance Agencies and Brokerages
NAICS code 524210

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Sweetwater County, WY — SBA Office 0897 — Congressional District: WY-

Similar Companies near Green River

In the Green River area, 7 businesses in the "Insurance Agencies and Brokerages" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 6) and received an average PPP loan of $30,384 (compared to this company's $68,760).

Industry PPP Comparison Statistics

Nationwide, 148,603 businesses in the "Insurance Agencies and Brokerages" industry received a total of $5.85B 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 4 employees, 33% lower than AAA Pumping Service Company, Inc's reported 6 employees, and received an average PPP loan of $39,368, 43% lower than this company's loan of $68,760.

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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/aaa-pumping-service-company-inc-green-river-wy