PPP Loan Data — David Cromwell, Boise, ID
David Cromwell is a limited liability company (LLC) located at 910 W Main St Ste 350 in Boise, Idaho that received a Coronavirus-related PPP loan from the SBA of $25,163.00 in January, 2021.
The company has reported itself as a White female owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Idaho Central CU
David Cromwell in Boise, ID received a Paycheck Protection Loan of $25,163 through Idaho Central CU, 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, David Cromwell's 2019 payroll expenses are estimated to be at least $120,782.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,391 per employee1
Reported PPP Proceed Usage:
On the PPP application, David Cromwell reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,162
Business Information - David Cromwell in Boise, ID
910 W Main St Ste 350
Boise, ID 83702
All Other Legal Services
NAICS code 541199
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Boise
In the Boise area, 15 businesses in the "All Other Legal Services" 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 $17,916 (compared to this company's $25,163).
Similar Nearby Businesses Who Received PPP Funding:
John F. Greenfield PA
Idaho Jones, LLC
Roy Lewis Eiguren LLC
Amber R. Myrick, PA
Kristie Browning LLC
Mallet Law Offices, PLLC
Drozda Law Offices, PLLC
Industry PPP Comparison Statistics
Nationwide, 17,879 businesses in the "All Other Legal Services" industry received a total of $860.5M 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 4 employees, 100% higher than David Cromwell's reported 2 employees, and received an average PPP loan of $48,129, 91% higher than this company's loan of $25,163.
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Footnotes & Information
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