PPP Loan Data — Carson-Dellosa Publishing LLC, Greensboro, NC
Carson-Dellosa Publishing LLC is a limited liability company (LLC) located at 7027 Albert Pick Road in Greensboro, North Carolina that received a Coronavirus-related PPP loan from the SBA of $1,562,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:PNC Bank, National Association
Carson-Dellosa Publishing LLC in Greensboro, NC received a Paycheck Protection Loan of $1.56M through PNC 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
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, Carson-Dellosa Publishing LLC's 2019 payroll expenses are estimated to be at least $7.5M.
Based on their reported 113 jobs retained, this equals an estimated average yearly compensation of $66,350 per employee1
Reported PPP Proceed Usage:
On the PPP application, Carson-Dellosa Publishing LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,562,000
Business Information - Carson-Dellosa Publishing LLC in Greensboro, NC
7027 Albert Pick Road
Greensboro, NC 27409
NAICS code 511130
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Greensboro
In the Greensboro area, 2 businesses in the "Book Publishers" industry received a PPP loan. These local businesses reported an average of 58 employees (compared to this company's 113) and received an average PPP loan of $792,250 (compared to this company's $1.56M).
Similar Nearby Businesses Who Received PPP Funding:
Hatrack River Enterprises
Industry PPP Comparison Statistics
Nationwide, 3,235 businesses in the "Book Publishers" industry received a total of $330.08M 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 9 employees, 92% lower than Carson-Dellosa Publishing LLC's reported 113 employees, and received an average PPP loan of $102,035, 93% lower than this company's loan of $1.56M.
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Footnotes & Information
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