PPP Loan Data — Impulse Alarm LLC, Las Vegas, NV
Impulse Alarm LLC is a limited liability company (LLC) located at 1810 E Sahara Ave 324 in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $25,330.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
Impulse Alarm LLC in Las Vegas, NV received a Paycheck Protection Loan of $25,330 through Bank of America, National Association, which was approved in May, 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, Impulse Alarm LLC's 2019 payroll expenses are estimated to be at least $121,584.
Based on their reported 215 jobs retained, this equals an estimated average yearly compensation of $566 per employee1
Reported PPP Proceed Usage:
On the PPP application, Impulse Alarm LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,330
Business Information - Impulse Alarm LLC in Las Vegas, NV
1810 E Sahara Ave 324
Las Vegas, NV 89104
Armored Car Services
NAICS code 561613
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 398 businesses in the "Armored Car Services" industry received a total of $37.29M 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 15 employees, 93% lower than Impulse Alarm LLC's reported 215 employees, and received an average PPP loan of $93,683, 270% higher than this company's loan of $25,330.
FederalPay's PPP Information Policy
Footnotes & Information
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