PPP Loan Data — Entreprenyour LLC, Collierville, TN
Entreprenyour LLC is a limited liability company (LLC) located at 10224 Springmont Trail in Collierville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $8,204.00 in August, 2020.
The company has reported itself as a White male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:MBE Capital Partners
Entreprenyour LLC in Collierville, TN received a Paycheck Protection Loan of $8,204 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, Entreprenyour LLC's 2019 payroll expenses are estimated to be at least $39,379.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $19,690 per employee1
Reported PPP Proceed Usage:
On the PPP application, Entreprenyour LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $8,204
Business Information - Entreprenyour LLC in Collierville, TN
10224 Springmont Trail
Collierville, TN 38017
Vocational Rehabilitation Services
NAICS code 624310
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Collierville
In the Collierville area, 4 businesses in the "Vocational Rehabilitation Services" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 2) and received an average PPP loan of $17,330 (compared to this company's $8,204).
Similar Nearby Businesses Who Received PPP Funding:
C Greg Cates
Industry PPP Comparison Statistics
Nationwide, 3,932 businesses in the "Vocational Rehabilitation Services" industry received a total of $878.96M 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 32 employees, 1500% higher than Entreprenyour LLC's reported 2 employees, and received an average PPP loan of $223,541, 2625% higher than this company's loan of $8,204.
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Footnotes & Information
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