PPP Loan Data — J Barre Conley LLC, Shawnee, OK
J Barre Conley LLC is a limited liability company (LLC) located at 4410 Lilly Valley St in Shawnee, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $25,300.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least six people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
J Barre Conley LLC in Shawnee, OK received a Paycheck Protection Loan of $25,300 through BancFirst, 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 February, 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, J Barre Conley LLC's 2019 payroll expenses are estimated to be at least $121,440.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,240 per employee1
Reported PPP Proceed Usage:
On the PPP application, J Barre Conley LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,300
Business Information - J Barre Conley LLC in Shawnee, OK
4410 Lilly Valley St
Shawnee, OK 74804
Private Mail Centers
NAICS code 561431
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Shawnee
In the Shawnee area, 3 businesses in the "Private Mail Centers" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 6) and received an average PPP loan of $21,767 (compared to this company's $25,300).
Similar Nearby Businesses Who Received PPP Funding:
Shawnee Shipping Center LLC
Industry PPP Comparison Statistics
Nationwide, 1,987 businesses in the "Private Mail Centers" industry received a total of $76.31M 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 6 employees, the same amount reported by J Barre Conley LLC and received an average PPP loan of $38,404, 52% higher than this company's loan of $25,300.
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Footnotes & Information
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