PPP Loan Data — Birdie Brennan Custom Closets & Organizing, LLC, Columbus, OH
Birdie Brennan Custom Closets & Organizing, LLC is a limited liability company (LLC) located at 250 W Spring St Apt 614 in Columbus, Ohio that received a Coronavirus-related PPP loan from the SBA of $25,500.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least four people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Telhio CU Inc
Birdie Brennan Custom Closets & Organizing, LLC in Columbus, OH received a Paycheck Protection Loan of $25,500 through Telhio CU Inc, which was approved in April, 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 May, 2021.
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, Birdie Brennan Custom Closets & Organizing, LLC's 2019 payroll expenses are estimated to be at least $122,400.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,600 per employee1
Reported PPP Proceed Usage:
On the PPP application, Birdie Brennan Custom Closets & Organizing, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,500
Business Information - Birdie Brennan Custom Closets & Organizing, LLC in Columbus, OH
250 W Spring St Apt 614
Columbus, OH 43215
Interior Design Services
NAICS code 541410
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Columbus
In the Columbus area, 18 businesses in the "Interior Design Services" 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 $28,505 (compared to this company's $25,500).
Similar Nearby Businesses Who Received PPP Funding:
Suzanne Toney Interior Space, LLC
Studio Mantra Inc
Five Nine Interiors LLC
City Park Interiors, LLC
Midnight Blue LLC
CRI Interiors Inc
Industry PPP Comparison Statistics
Nationwide, 29,847 businesses in the "Interior Design Services" industry received a total of $1.03B 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 3 employees, 25% lower than Birdie Brennan Custom Closets & Organizing, LLC's reported 4 employees, and received an average PPP loan of $34,371, 35% higher than this company's loan of $25,500.
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Footnotes & Information
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