PPP Loan Data — Daley Antoine, Milford, CT
Daley Antoine is a sole proprietorship located at 64 Pond Point Ave in Milford, Connecticut that received a Coronavirus-related PPP loan from the SBA of $3,600.00 in January, 2021.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Loan Source Incorporated
Daley Antoine in Milford, CT received a Paycheck Protection Loan of $3,600 through Loan Source Incorporated, which was approved in January, 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, Daley Antoine's 2019 payroll expenses are estimated to be at least $17,280.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $8,640 per employee1
Reported PPP Proceed Usage:
On the PPP application, Daley Antoine reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,600
Business Information - Daley Antoine in Milford, CT
64 Pond Point Ave
Milford, CT 6460
Residential Property Managers
NAICS code 531311
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Milford
In the Milford area, 13 businesses in the "Residential Property Managers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 2) and received an average PPP loan of $17,482 (compared to this company's $3,600).
Similar Nearby Businesses Who Received PPP Funding:
On The Mark Management, LLC
Atlantic USA LLC
Bjorklund Properties LLC
We DO It For You LLC
Kron Preservation Services LLC
G.d. & Sons, Property Management, LLC
Industry PPP Comparison Statistics
Nationwide, 36,628 businesses in the "Residential Property Managers" industry received a total of $3.05B 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, 350% higher than Daley Antoine's reported 2 employees, and received an average PPP loan of $83,394, 2217% higher than this company's loan of $3,600.
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Footnotes & Information
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