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PPP Loan Data — Bemobile, Inc., Grand Forks, ND

SBA PPP loan data, payroll data, and salaries for Bemobile, Inc.

Bemobile, Inc.

Entity: Corporation

Industry: Electronics Stores

Location: Grand Forks, ND

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Bemobile, Inc. is a corporation located at 2100 S. Columbia Road, Ste 214 in Grand Forks, North Dakota that received a Coronavirus-related PPP loan from the SBA of $2,504,300.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Bemobile, Inc. in Grand Forks, ND received a Paycheck Protection Loan of $2.5M through ALERUS FINANCIAL, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Bemobile, Inc.'s total 2019 payroll expenses were approximately $12.02M in order to qualify for the PPP loan amount received.

Based on their reported 256 jobs retained, this equals an estimated average yearly compensation of $46,956 per employee1.

Because the loan received by Bemobile, Inc. 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 - Bemobile, Inc. in Grand Forks, ND

Bemobile, Inc.
2100 S. Columbia Road, Ste 214
Grand Forks, ND 58201

Business Industry

Electronics Stores (NAICS code 443142)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: ND-

Similar Companies near Grand Forks

In the Grand Forks area, 4 businesses in the "Electronics Stores" industry received a PPP loan. These local businesses reported an average of 69 employees (compared to this company's 256) and received an average PPP loan of $667,417 (compared to this company's $2.5M).

Industry PPP Comparison Statistics

Nationwide, 7,570 businesses in the "Electronics Stores" industry received a total of $593,424,720.00 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 8 employees, 97% lower than Bemobile, Inc.'s reported 256 employees, and received an average PPP loan of $78,392, 97% lower than this company's loan of $2.5M.

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.

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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 - The Civil Employee's Resource **