PPP Loan Data — Haven Interior Design, Inc, Bozeman, MT
Haven Interior Design, Inc is a subchapter s corporation located at 875 Bridger Dr in Bozeman, Montana that received a Coronavirus-related PPP loan from the SBA of $46,500.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Haven Interior Design, Inc in Bozeman, MT received a Paycheck Protection Loan of $46,500 through Glacier 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 January, 2021.
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, Haven Interior Design, Inc's 2019 payroll expenses are estimated to be at least $223,200.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $55,800 per employee1
Reported PPP Proceed Usage:
On the PPP application, Haven Interior Design, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,500
Business Information - Haven Interior Design, Inc in Bozeman, MT
875 Bridger Dr
Bozeman, MT 59715
Interior Design Services
NAICS code 541410
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Bozeman
In the Bozeman area, 13 businesses in the "Interior Design Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 4) and received an average PPP loan of $75,698 (compared to this company's $46,500).
Similar Nearby Businesses Who Received PPP Funding:
Shelter Interiors LLC
Envi Interior Design Studio
Erika & Co
Big Sky, MT
Beartooth Lighting Design PLLC
Melanie Turner Home Mountain LLP
Big Sky, MT
Laura A Fedro Interiors Inc
Abby Hetherington Interiors LLC
Industry PPP Comparison Statistics
Nationwide, 29,847 businesses in the "Interior Design Services" industry received a total of $1.03B 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 3 employees, 25% lower than Haven Interior Design, Inc's reported 4 employees, and received an average PPP loan of $34,371, 26% lower than this company's loan of $46,500.
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Footnotes & Information
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