PPP Loan Data — D & S World Inc, Jacksonville, FL
D & S World Inc is a corporation located at 3000 Moncrief Road Suite 3 in Jacksonville, Florida that received a Coronavirus-related PPP loan from the SBA of $46,927.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Fifth Third Bank
D & S World Inc in Jacksonville, FL received a Paycheck Protection Loan of $46,927 through Fifth Third Bank, which was approved in April, 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, D & S World Inc's 2019 payroll expenses are estimated to be at least $225,250.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $37,542 per employee1
Reported PPP Proceed Usage:
On the PPP application, D & S World Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,927
Business Information - D & S World Inc in Jacksonville, FL
3000 Moncrief Road Suite 3
Jacksonville, FL 32209
Cosmetics, Beauty Supplies, and Perfume Stores
NAICS code 446120
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Jacksonville
In the Jacksonville area, 35 businesses in the "Cosmetics, Beauty Supplies, and Perfume Stores" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 6) and received an average PPP loan of $19,608 (compared to this company's $46,927).
Similar Nearby Businesses Who Received PPP Funding:
MS Fox LLC
Cingie Beauty Inc
Industry PPP Comparison Statistics
Nationwide, 42,410 businesses in the "Cosmetics, Beauty Supplies, and Perfume Stores" industry received a total of $959.22M 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 3 employees, 50% lower than D & S World Inc's reported 6 employees, and received an average PPP loan of $22,618, 52% lower than this company's loan of $46,927.
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Footnotes & Information
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