PPP Loan Data — J. A. Peterson Enterprises, Inc, Overland Park, KS
J. A. Peterson Enterprises, Inc is a corporation located at 10000 W 75th St Ste 100 in Overland Park, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,384,400.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
J. A. Peterson Enterprises, Inc in Overland Park, KS received a Paycheck Protection Loan of $2.38M through Commerce 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, J. A. Peterson Enterprises, Inc's 2019 payroll expenses are estimated to be at least $11.45M.
Based on their reported 235 jobs retained, this equals an estimated average yearly compensation of $48,703 per employee1
Reported PPP Proceed Usage:
On the PPP application, J. A. Peterson Enterprises, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,163,000
- Health Care: $221,400
Business Information - J. A. Peterson Enterprises, Inc in Overland Park, KS
10000 W 75th St Ste 100
Overland Park, KS 66204
Nonresidential Property Managers
NAICS code 531312
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Overland Park
In the Overland Park area, 4 businesses in the "Nonresidential Property Managers" industry received a PPP loan. These local businesses reported an average of 109 employees (compared to this company's 235) and received an average PPP loan of $1,529,167 (compared to this company's $2.38M).
Similar Nearby Businesses Who Received PPP Funding:
Platform Ventures LLC
Sharon Lynn Gartin
Industry PPP Comparison Statistics
Nationwide, 11,970 businesses in the "Nonresidential Property Managers" industry received a total of $1.22B 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 9 employees, 96% lower than J. A. Peterson Enterprises, Inc's reported 235 employees, and received an average PPP loan of $101,557, 96% lower than this company's loan of $2.38M.
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Footnotes & Information
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