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PPP Loan Data — J & R Investments Inc,
Kansas City, MO
J & R Investments Inc
Entity: Subchapter S Corporation
Industry: Janitorial Services
Location: Kansas City, MO
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J & R Investments Inc is a subchapter s corporation located at 8601 63rd St E in Kansas City, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,764,502.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-05-01Lender:
U.S. BANK, NATIONAL ASSOCIATIONJ & R Investments Inc received a Paycheck Protection Loan of $2.76M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, J & R Investments Inc's total 2019 payroll expenses were approximately $13.27M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $26,539 per employee1.
Business Information - J & R Investments Inc in Kansas City, MO
8601 63rd St E
Kansas City, MO 64133
Business Industry
Janitorial Services (NAICS code 561720)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MO-05Similar Companies near Kansas City
In the Kansas City area, 8 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 66 employees (compared to this company's 500) and received an average PPP loan of $365,568 (compared to this company's $2.76M).
Similar Nearby Businesses Who Received PPP Funding:
Ward And Co LLC
Raytown, MO
HKS Cleaning Services LLC
Kansas City, MO
Starr R Moore
Kansas City, MO
Hope Care Services LLC
Kansas City, MO
MMA Of Kc
Kansas City, MO
M & Z Contract Services LLC
Kansas City, MO
Bryan Roper
Kansas City, MO
Industry PPP Comparison Statistics
Nationwide, 31,508 businesses in the "Janitorial Services" industry received a total of $2,265,370,248.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 98% lower than J & R Investments Inc's reported 500 employees, and received an average PPP loan of $71,898, 97% lower than this company's loan of $2.76M.
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.
Footnotes & Information
1. 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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