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PPP Loan Data — Bloomsbury Advisory Services LLC,
Sugar Land, TX
Bloomsbury Advisory Services LLC
Entity: Corporation
Industry: Other Management Consulting Services
Location: Sugar Land, TX
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Bloomsbury Advisory Services LLC is a corporation located at 54 Sugar Creek Center Blvd Ste 300 in Sugar Land, Texas that received a Coronavirus-related PPP loan from the SBA of $17,400.00 in February, 2021.
The company has reported itself as a male owned business, and employed at least two people during the applicable loan loan period.
$
PPP Loan Information
Loan #5439278501
Loan Size:
Jobs Retained:
2Loan Approved:
2021-02-27Loan Status:
Paid in Full or ForgivenLender:
Frost BankBloomsbury Advisory Services LLC in Sugar Land, TX received a Paycheck Protection Loan of $17,400 through Frost Bank, which was approved in February, 2021.
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 September, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Bloomsbury Advisory Services LLC's 2019 payroll expenses are estimated to be at least $83,520.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $41,760 per employee1
Reported PPP Proceed Usage:
On the PPP application, Bloomsbury Advisory Services LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $17,399
Business Information - Bloomsbury Advisory Services LLC in Sugar Land, TX
54 Sugar Creek Center Blvd Ste 300
Sugar Land, TX 77478
Business Industry:
Other Management Consulting Services
NAICS code 541618
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Male Owned
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 2 other businesses that received a PPP loan registered to the same address as Bloomsbury Advisory Services LLC.
Saleem & Assoc
Investment Advice
Simron Properties, LP
Other Activities Related to Real Estate
Similar Companies near Sugar Land
In the Sugar Land area, 124 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 2) and received an average PPP loan of $34,649 (compared to this company's $17,400).
Similar Nearby Businesses Who Received PPP Funding:
Texas Infinity Enterprises, Inc
Stafford, TX
Kevin Reynoso
Stafford, TX
PRS Consultants, Inc
Sugar Land, TX
Dung Nguyen
Sugar Land, TX
Alberto Balderas
Sugar Land, TX
Merittude Consultants Inc
Sugar Land, TX
SMS Alternate Resources Inc
Stafford, TX
Sultan Global Group LLC
Sugar Land, TX
Landco
Sugar Land, TX
Industry PPP Comparison Statistics
Nationwide, 82,222 businesses in the "Other Management Consulting Services" industry received a total of $3.7B 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, 100% higher than Bloomsbury Advisory Services LLC's reported 2 employees, and received an average PPP loan of $44,991, 159% higher than this company's loan of $17,400.
Bloomsbury Advisory Services, LLC
Entity: Corporation
Industry: Administrative Management and General Management Consulting Services
Location: Sugar Land, TX
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Bloomsbury Advisory Services, LLC is a corporation located at 54 Sugar Creek Center Blvd Ste 300 in Sugar Land, Texas that received a Coronavirus-related PPP loan from the SBA of $21,250.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least three people during the applicable loan loan period.
$
PPP Loan Information
Loan #4747397307
Loan Size:
Jobs Retained:
3Loan Approved:
2020-04-30Loan Status:
Paid in Full or ForgivenLender:
JPMorgan Chase Bank, National AssociationBloomsbury Advisory Services, LLC in Sugar Land, TX received a Paycheck Protection Loan of $21,250 through JPMorgan Chase Bank, National Association, 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
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Bloomsbury Advisory Services, LLC's 2019 payroll expenses are estimated to be at least $102,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $34,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Bloomsbury Advisory Services, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $21,250
Business Information - Bloomsbury Advisory Services, LLC in Sugar Land, TX
54 Sugar Creek Center Blvd Ste 300
Sugar Land, TX 77478
Business Industry:
Administrative Management and General Management Consulting Services
NAICS code 541611
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Male Owned
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 2 other businesses that received a PPP loan registered to the same address as Bloomsbury Advisory Services, LLC.
Saleem & Assoc
Investment Advice
Simron Properties, LP
Other Activities Related to Real Estate
Similar Companies near Sugar Land
In the Sugar Land area, 115 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 3) and received an average PPP loan of $38,938 (compared to this company's $21,250).
Similar Nearby Businesses Who Received PPP Funding:
Kunal J Ramtri
Sugar Land, TX
Excelsys Global Consulting LLC
Sugar Land, TX
Sultan Munawar
Sugar Land, TX
Teresa Pitre
Sugar Land, TX
L M Shapiro Inc
Sugar Land, TX
HMR Mso LLC
Sugar Land, TX
The Acceleration Group, LLC
Sugar Land, TX
ESL Ventures LLC DBA Expense Reduction Analysts
Sugar Land, TX
Clarence G Winningham
Sugar Land, TX
Industry PPP Comparison Statistics
Nationwide, 92,568 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.46B 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 5 employees, 67% higher than Bloomsbury Advisory Services, LLC's reported 3 employees, and received an average PPP loan of $58,946, 177% higher than this company's loan of $21,250.
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. Estimations for informational purposes only. 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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