PPP Loan Data — Govstriv, LLC, Dublin, GA
Entity: Limited Liability Company (LLC)
Location: Dublin, GATweet This • Search All PPP Data
Govstriv, LLC is a limited liability company (LLC) located at 104 North Jefferson St in Dublin, Georgia that received a Coronavirus-related PPP loan from the SBA of $1,854,587.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Govstriv, LLC in Dublin, GA received a Paycheck Protection Loan of $1.85M through Morris Bank, which was approved in April, 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 December, 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, Govstriv, LLC's 2019 payroll expenses are estimated to be at least $8.9M.
Based on their reported 156 jobs retained, this equals an estimated average yearly compensation of $57,064 per employee1
Reported PPP Proceed Usage:
On the PPP application, Govstriv, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,854,587
Business Information - Govstriv, LLC in Dublin, GA
104 North Jefferson St
Dublin, GA 31021
Administrative Management and General Management Consulting Services
NAICS code 541611
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Rural
Similar Companies near Dublin
In the Dublin area, 7 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 156) and received an average PPP loan of $279,575 (compared to this company's $1.85M).
Similar Nearby Businesses Who Received PPP Funding:
Dry Branch, GA
Industry PPP Comparison Statistics
Nationwide, 94,773 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.51B 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 5 employees, 97% lower than Govstriv, LLC's reported 156 employees, and received an average PPP loan of $58,139, 97% lower than this company's loan of $1.85M.
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Footnotes & Information
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