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PPP Loan Data — CFO Consulting Solution LLC, Ewing, NJ

SBA PPP loan data, payroll data, and salaries for CFO Consulting Solution LLC
NJ

CFO Consulting Solution LLC

Entity: Independent Contractor

Industry: Unknown

Location: Ewing, NJ

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CFO Consulting Solution LLC is an independent contractor located in Ewing, New Jersey that received a Coronavirus-related PPP loan from the SBA of $9,198.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$9,198

Jobs Retained:

1

Loan Approved:

2020-05-01

Lender:

CUSTOMERS BANK

CFO Consulting Solution LLC received a Paycheck Protection Loan of $9,198 through CUSTOMERS BANK, which was approved in May, 2020.

Based on standard PPP eligibility rules, CFO Consulting Solution LLC's total 2019 payroll expenses were approximately $44,150 in order to qualify for the PPP loan amount received.

Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $44,150 per employee1.

Business Information - CFO Consulting Solution LLC in Ewing, NJ

CFO Consulting Solution LLC
[FULL ADDRESS REDACTED]
Ewing, NJ

Business Industry

Unknown (NAICS code 0)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NJ-12

Similar Companies near Ewing

In the Ewing area, 218 businesses in the "Unknown" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 1) and received an average PPP loan of $130,884 (compared to this company's $9,198).

Industry PPP Comparison Statistics

Nationwide, 5,156,850 businesses in the "Unknown" industry received a total of $522,949,858,572.00 in PPP loans. These businesses account for 100% of total PPP applications submitted, and received 100% of the total PPP funding allocated.

PPP recipients in this industry report an average of 10 employees, 900% higher than CFO Consulting Solution LLC's reported 1 employees, and received an average PPP loan of $101,409, 1003% higher than this company's loan of $9,198.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/cfo-consulting-solution-llc-ewing-nj