PPP Loan Data — J. Digital Television Inc.-Sba Small 7A Term, New York, NY
J. Digital Television Inc.-Sba Small 7A Term is a corporation located at 140 West End Ave in New York, New York that received a Coronavirus-related PPP loan from the SBA of $25,333.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:TD Bank, National Association
J. Digital Television Inc.-Sba Small 7A Term in New York, NY received a Paycheck Protection Loan of $25,333 through TD Bank, 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, J. Digital Television Inc.-Sba Small 7A Term's 2019 payroll expenses are estimated to be at least $121,598.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,799 per employee1
Reported PPP Proceed Usage:
On the PPP application, J. Digital Television Inc.-Sba Small 7A Term reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,333
Business Information - J. Digital Television Inc.-Sba Small 7A Term in New York, NY
140 West End Ave
New York, NY 10023
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 0 employees, 100% lower than J. Digital Television Inc.-Sba Small 7A Term's reported 2 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $25,333.
FederalPay's PPP Information Policy
Footnotes & Information
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