PPP Loan Data — Get Air Erie, LLC, Roy, UT
Get Air Erie, LLC is a limited liability company (LLC) located at 4074 S 1900 W Ste 200 in Roy, Utah that received a Coronavirus-related PPP loan from the SBA of $46,500.00 in April, 2020. This business is a Get Air franchise.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Zions Bank, A Division of
Get Air Erie, LLC in Roy, UT received a Paycheck Protection Loan of $46,500 through Zions Bank, A Division of, which was approved in April, 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, Get Air Erie, LLC's 2019 payroll expenses are estimated to be at least $223,200.
Based on their reported 22 jobs retained, this equals an estimated average yearly compensation of $10,145 per employee1
Reported PPP Proceed Usage:
On the PPP application, Get Air Erie, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,500
Business Information - Get Air Erie, LLC in Roy, UT
4074 S 1900 W Ste 200
Roy, UT 84067
All Other Amusement and Recreation Industries
NAICS code 713990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Roy
In the Roy area, 29 businesses in the "All Other Amusement and Recreation Industries" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 22) and received an average PPP loan of $134,995 (compared to this company's $46,500).
Similar Nearby Businesses Who Received PPP Funding:
Get Air Buffalo LLC
Get Air Lafayette LLC
Get Air Stamford LLC
Get Air Pike Plaza LLC
High Air Ventures LLC
Get Air Glen Burnie LLC
Trampoline Parks, LLC
Ijump Yakima LLC
Industry PPP Comparison Statistics
Nationwide, 26,511 businesses in the "All Other Amusement and Recreation Industries" industry received a total of $1.46B 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 12 employees, 45% lower than Get Air Erie, LLC's reported 22 employees, and received an average PPP loan of $55,179, 19% higher than this company's loan of $46,500.
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Footnotes & Information
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