PPP Loan Data — J R Dawson & Son Inc, Orange, VA
J R Dawson & Son Inc is a subchapter s corporation located at P.o. Box 347 in Orange, Virginia that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Blue Ridge Bank, National Association
J R Dawson & Son Inc in Orange, VA received a Paycheck Protection Loan of $25,200 through Blue Ridge Bank, National Association, 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 March, 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 R Dawson & Son Inc's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,160 per employee1
Reported PPP Proceed Usage:
On the PPP application, J R Dawson & Son Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $19,200
- Utilities: $3,000
- Rent: $3,000
Business Information - J R Dawson & Son Inc in Orange, VA
P.o. Box 347
Orange, VA 22960
Other Gasoline Stations
NAICS code 447190
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 6,490 businesses in the "Other Gasoline Stations" industry received a total of $343.18M 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, 50% higher than J R Dawson & Son Inc's reported 6 employees, and received an average PPP loan of $52,878, 110% higher than this company's loan of $25,200.
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Footnotes & Information
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