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PPP Loan Data — Bleulife Media Group,
New York, NY
Bleulife Media Group
Entity: Limited Liability Company (LLC)
Industry: Periodical Publishers
Location: New York, NY
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Bleulife Media Group is a limited liability company (LLC) located at 26 Broadway in New York, New York that received a Coronavirus-related PPP loan from the SBA of $21,880.00 in April, 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 Size:
Jobs Retained:
6Loan Approved:
2020-04-28Lender:
HSBC BANK USA, NATIONAL ASSOCIATIONBleulife Media Group received a Paycheck Protection Loan of $21,880 through HSBC BANK USA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bleulife Media Group's total 2019 payroll expenses were approximately $105,024 in order to qualify for the PPP loan amount received.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $17,504 per employee1.
Business Information - Bleulife Media Group in New York, NY
26 Broadway
New York, NY 10004
Business Industry
Periodical Publishers (NAICS code 511120)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: NY-10Similar Companies near New York
In the New York area, 8 businesses in the "Periodical Publishers" industry received a PPP loan. These local businesses reported an average of 34 employees (compared to this company's 6) and received an average PPP loan of $802,864 (compared to this company's $21,880).
Similar Nearby Businesses Who Received PPP Funding:
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James Petrie
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Simmons-Boardman Publishing Corporation, Inc.
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Trend Pot NY LLC
New York, NY
Global Finance Media, Inc
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Industry PPP Comparison Statistics
Nationwide, 2,110 businesses in the "Periodical Publishers" industry received a total of $322,626,074.00 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 10 employees, 67% higher than Bleulife Media Group's reported 6 employees, and received an average PPP loan of $152,903, 599% higher than this company's loan of $21,880.
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.
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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