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PPP Loan Data — Brian Van Doeselaar, Authorized Signer, Grand Rapids, MI

SBA PPP loan data, payroll data, and salaries for Brian Van Doeselaar, Authorized Signer
MI

Brian Van Doeselaar, Authorized Signer

Entity: Limited Liability Company (LLC)

Industry: Religious Organizations

Location: Grand Rapids, MI

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Brian Van Doeselaar, Authorized Signer is a limited liability company (LLC) located at 1700 28th Street Se Grand Rapids, Mi United States - Us in Grand Rapids, Michigan that received a Coronavirus-related PPP loan from the SBA of $4,184,145.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.18M

Jobs Retained:

218

Loan Approved:

2020-04-28

Lender:

TCF NATIONAL BANK

Brian Van Doeselaar, Authorized Signer in Grand Rapids, MI received a Paycheck Protection Loan of $4.18M through TCF NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Brian Van Doeselaar, Authorized Signer's total 2019 payroll expenses were approximately $20.08M in order to qualify for the PPP loan amount received.

Based on their reported 218 jobs retained, this equals an estimated average yearly compensation of $92,128 per employee1.

Because the loan received by Brian Van Doeselaar, Authorized Signer 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 - Brian Van Doeselaar, Authorized Signer in Grand Rapids, MI

Brian Van Doeselaar, Authorized Signer
1700 28th Street Se Grand Rapids, Mi United States - Us
Grand Rapids, MI 49508

Business Industry

Religious Organizations (NAICS code 813110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MI-02

Similar Companies near Grand Rapids

In the Grand Rapids area, 44 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 218) and received an average PPP loan of $191,812 (compared to this company's $4.18M).

Industry PPP Comparison Statistics

Nationwide, 90,482 businesses in the "Religious Organizations" industry received a total of $7,309,297,472.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 95% lower than Brian Van Doeselaar, Authorized Signer's reported 218 employees, and received an average PPP loan of $80,782, 98% lower than this company's loan of $4.18M.

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.

Search FederalPay's Full PPP Loan Database

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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Source: www.federalpay.org/paycheck-protection-program/brian-van-doeselaar-authorized-signer-grand-rapids-mi