PPP Loan Data — Darling Paws LLC, El Mirage, AZ
Darling Paws LLC is a sole proprietorship located at 13713 North A Street in El Mirage, Arizona that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in August, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:MBE Capital Partners
Darling Paws LLC in El Mirage, AZ received a Paycheck Protection Loan of $25,000 through MBE Capital Partners, which was approved in August, 2020.
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, Darling Paws LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 16 jobs retained, this equals an estimated average yearly compensation of $7,500 per employee1
Reported PPP Proceed Usage:
On the PPP application, Darling Paws LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Darling Paws LLC in El Mirage, AZ
13713 North A Street
El Mirage, AZ 85335
Pet Care (except Veterinary) Services
NAICS code 812910
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near El Mirage
In the El Mirage area, 3 businesses in the "Pet Care (except Veterinary) Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 16) and received an average PPP loan of $22,221 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
El Mirage, AZ
El Mirage, AZ
Industry PPP Comparison Statistics
Nationwide, 32,185 businesses in the "Pet Care (except Veterinary) Services" industry received a total of $1.07B 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 6 employees, 63% lower than Darling Paws LLC's reported 16 employees, and received an average PPP loan of $33,319, 33% higher than this company's loan of $25,000.
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Footnotes & Information
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