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PPP Loan Data — Gmpr Enterprises Inc,
Fairfield, CA
Gmpr Enterprises Inc
Entity: Subchapter S Corporation
Industry: Limited-Service Restaurants
Location: Fairfield, CA
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Gmpr Enterprises Inc is a subchapter s corporation located at 811 Texas St in Fairfield, California that received a Coronavirus-related PPP loan from the SBA of $25,855.00 in February, 2021.
$
PPP Loan Information
Loan #2211888409
Loan Size:
Jobs Retained:
5Loan Approved:
2021-02-03Loan Status:
Ongoing LoanLender:
Zions Bank, A Division ofGmpr Enterprises Inc in Fairfield, CA received a Paycheck Protection Loan of $25,855 through Zions Bank, A Division of, which was approved in February, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Gmpr Enterprises Inc's 2019 payroll expenses are estimated to be at least $124,104.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,821 per employee1
Reported PPP Proceed Usage:
On the PPP application, Gmpr Enterprises Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,850
- Utilities: $1
Business Information - Gmpr Enterprises Inc in Fairfield, CA
811 Texas St
Fairfield, CA 94533
Business Industry:
Limited-Service Restaurants
NAICS code 722513
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Fairfield
In the Fairfield area, 47 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 5) and received an average PPP loan of $157,783 (compared to this company's $25,855).
Similar Nearby Businesses Who Received PPP Funding:
Mak's Hop Hing Restaurant Inc
Fairfield, CA
Klm2 Restaurants Inc
Fairfield, CA
Sogot-Fairfield, LP
Fairfield, CA
J.i.h. Pizza, Inc
Fairfield, CA
PRB Management, LLC
Fairfield, CA
La Famiglia Pizza Inc
Fairfield, CA
Chanchal Inc
Fairfield, CA
J N K Restaurants Inc
Fairfield, CA
Amishree Corporation
Fairfield, CA
Industry PPP Comparison Statistics
Nationwide, 136,560 businesses in the "Limited-Service Restaurants" industry received a total of $13.87B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 320% higher than Gmpr Enterprises Inc's reported 5 employees, and received an average PPP loan of $101,544, 293% higher than this company's loan of $25,855.
Gmpr Enterprises Inc
Entity: Subchapter S Corporation
Industry: Unclassified Establishments
Location: Fairfield, CA
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Gmpr Enterprises Inc is a subchapter s corporation located at 811 Texas St in Fairfield, California that received a Coronavirus-related PPP loan from the SBA of $18,202.00 in May, 2020.
$
PPP Loan Information
Loan #1360127701
Loan Size:
Jobs Retained:
50Loan Approved:
2020-05-01Loan Status:
Paid in Full or ForgivenLender:
JPMorgan Chase Bank, National AssociationGmpr Enterprises Inc in Fairfield, CA received a Paycheck Protection Loan of $18,202 through JPMorgan Chase Bank, National Association, which was approved in May, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in August, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, Gmpr Enterprises Inc's 2019 payroll expenses are estimated to be at least $87,370.
Based on their reported 50 jobs retained, this equals an estimated average yearly compensation of $1,747 per employee1
Reported PPP Proceed Usage:
On the PPP application, Gmpr Enterprises Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $7,281
- Utilities: $5,172
- Rent: $2,200
- Debt Interest: $3,549
Business Information - Gmpr Enterprises Inc in Fairfield, CA
811 Texas St
Fairfield, CA 94533
Business Industry:
Unclassified Establishments
NAICS code 999990
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Fairfield
In the Fairfield area, 19 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 50) and received an average PPP loan of $59,685 (compared to this company's $18,202).
Similar Nearby Businesses Who Received PPP Funding:
Amishree Corporation
Fairfield, CA
Riazbhatti And Muthanna LLC DBA Burgerim
Fairfield, CA
D&L Technology LLC
Fairfield, CA
JME LLC
Fairfield, CA
Joy Selfie Company LLC
Fairfield, CA
Stoneroot Inc
Fairfield, CA
Prtt Nath, Inc
Fairfield, CA
M & O Edwards Inc
Fairfield, CA
Dandona Corporation #990
Fairfield, CA
Industry PPP Comparison Statistics
Nationwide, 85,578 businesses in the "Unclassified Establishments" industry received a total of $3.67B 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 10 employees, 80% lower than Gmpr Enterprises Inc's reported 50 employees, and received an average PPP loan of $42,861, 135% higher than this company's loan of $18,202.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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