PPP Loan Data — Benefit Brokers, Inc, Anchorage, AK
Benefit Brokers, Inc is a corporation located at 741 Sesame St in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of $46,665.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Loan Source Incorporated
Benefit Brokers, Inc in Anchorage, AK received a Paycheck Protection Loan of $46,665 through Loan Source Incorporated, which was approved in May, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Benefit Brokers, Inc's 2019 payroll expenses are estimated to be at least $223,992.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $55,998 per employee1
Reported PPP Proceed Usage:
On the PPP application, Benefit Brokers, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,665
Business Information - Benefit Brokers, Inc in Anchorage, AK
741 Sesame St
Anchorage, AK 99503
NAICS code 523930
Business Owner Demographics
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Anchorage
In the Anchorage area, 12 businesses in the "Investment Advice" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 4) and received an average PPP loan of $32,636 (compared to this company's $46,665).
Similar Nearby Businesses Who Received PPP Funding:
Wealth Strategies Of Alaska, LLC
Tatiana Lott Financial
Bright Road Wealth Management, LLC
North Harbor Wealth Management
Dave A Mendez
Stokes Financial Services LLC
Industry PPP Comparison Statistics
Nationwide, 32,223 businesses in the "Investment Advice" industry received a total of $1.45B 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 4 employees, the same amount reported by Benefit Brokers, Inc and received an average PPP loan of $44,994, 4% lower than this company's loan of $46,665.
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Footnotes & Information
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