PPP Loan Data — Glenda S Wicker, Yadkinville, NC
Glenda S Wicker is a sole proprietorship located at 114 W Main St in Yadkinville, North Carolina that received a Coronavirus-related PPP loan from the SBA of $25,203.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Skyline National Bank
Glenda S Wicker in Yadkinville, NC received a Paycheck Protection Loan of $25,203 through Skyline National Bank, 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, Glenda S Wicker's 2019 payroll expenses are estimated to be at least $120,974.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,487 per employee1
Reported PPP Proceed Usage:
On the PPP application, Glenda S Wicker reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $18,902
- Utilities: $6,301
Business Information - Glenda S Wicker in Yadkinville, NC
114 W Main St
Yadkinville, NC 27055
Offices of Certified Public Accountants
NAICS code 541211
Business Owner Demographics
Gender: Female Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 57,013 businesses in the "Offices of Certified Public Accountants" industry received a total of $4.21B 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, 200% higher than Glenda S Wicker's reported 2 employees, and received an average PPP loan of $73,772, 193% higher than this company's loan of $25,203.
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Footnotes & Information
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