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

PPP Loan Data — Absolute Beauty, LLC, Kansas City, MO

SBA PPP loan data, payroll data, and salaries for Absolute Beauty, LLC
MO

Absolute Beauty, LLC

Entity: Limited Liability Company (LLC)

Industry: Cosmetics, Beauty Supplies, and Perfume Stores

Location: Kansas City, MO

Search All PPP Data

Absolute Beauty, LLC is a limited liability company (LLC) located at 4600 Madison in Kansas City, Missouri that received a Coronavirus-related PPP loan from the SBA of $4,470,774.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.47M

Jobs Retained:

0 Unreported

Loan Approved:

2020-04-10

Lender:

GREAT WESTERN BANK

Absolute Beauty, LLC in Kansas City, MO received a Paycheck Protection Loan of $4.47M through GREAT WESTERN BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Absolute Beauty, LLC's total 2019 payroll expenses were approximately $21.46M in order to qualify for the PPP loan amount received.

Unlike most businesses, Absolute Beauty, 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.

Because the loan received by Absolute Beauty, 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 - Absolute Beauty, LLC in Kansas City, MO

Absolute Beauty, LLC
4600 Madison
Kansas City, MO 64112

Business Industry

Cosmetics, Beauty Supplies, and Perfume Stores (NAICS code 446120)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MO-05

Similar Companies near Kansas City

In the Kansas City area, 2 businesses in the "Cosmetics, Beauty Supplies, and Perfume Stores" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 0) and received an average PPP loan of $2,241,012 (compared to this company's $4.47M).

Similar Nearby Businesses Who Received PPP Funding:

KHS Marketing Inc
Kansas City, MO

$11,250 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 7,841 businesses in the "Cosmetics, Beauty Supplies, and Perfume Stores" industry received a total of $310,946,499.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, and received an average PPP loan of $39,656, 99% lower than this company's loan of $4.47M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/absolute-beauty-llc-kansas-city-mo