PPP Loan Data — Candi Girlz, Conyers, GA
Candi Girlz is a self-employed individual located at 3424 Salem Cove Trl Se in Conyers, Georgia that received a Coronavirus-related PPP loan from the SBA of $1,105.00 in August, 2020.
The company has reported itself as a female owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:MBE Capital Partners
Candi Girlz in Conyers, GA received a Paycheck Protection Loan of $1,105 through MBE Capital Partners, which was approved in August, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Candi Girlz's 2019 payroll expenses are estimated to be at least $5,304.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $1,061 per employee1
Reported PPP Proceed Usage:
On the PPP application, Candi Girlz reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,105
Business Information - Candi Girlz in Conyers, GA
3424 Salem Cove Trl Se
Conyers, GA 30013
All Other Amusement and Recreation Industries
NAICS code 713990
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: Rural
Similar Companies near Conyers
In the Conyers area, 9 businesses in the "All Other Amusement and Recreation Industries" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 5) and received an average PPP loan of $54,444 (compared to this company's $1,105).
Similar Nearby Businesses Who Received PPP Funding:
Boost Trampoline Park
Boost Trampoline Park, Inc
Pockets Billiards LLC
Amazing Cart LLC
Rockdale Youth Soccer Association
Industry PPP Comparison Statistics
Nationwide, 26,511 businesses in the "All Other Amusement and Recreation Industries" industry received a total of $1.46B 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 12 employees, 140% higher than Candi Girlz's reported 5 employees, and received an average PPP loan of $55,179, 4894% higher than this company's loan of $1,105.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!