PPP Loan Data — Jackson Offshore Operator LLC, Harvey, LA
Jackson Offshore Operator LLC is a limited liability company (LLC) located at 1217 2macarthur Ave in Harvey, Louisiana that received a Coronavirus-related PPP loan from the SBA of $2,464,300.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Gulf Coast Bank
Jackson Offshore Operator LLC in Harvey, LA received a Paycheck Protection Loan of $2.46M through Gulf Coast 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, Jackson Offshore Operator LLC's 2019 payroll expenses are estimated to be at least $11.83M.
Based on their reported 142 jobs retained, this equals an estimated average yearly compensation of $83,300 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jackson Offshore Operator LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,464,300
Business Information - Jackson Offshore Operator LLC in Harvey, LA
1217 2macarthur Ave
Harvey, LA 70058
Support Activities for Oil and Gas Operations
NAICS code 213112
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Harvey
In the Harvey area, 18 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 79 employees (compared to this company's 142) and received an average PPP loan of $1,086,057 (compared to this company's $2.46M).
Similar Nearby Businesses Who Received PPP Funding:
River Parish Maintenance, Inc
National Aqua Pressure, LLC
R And D Enterprises Of Gulf Region Inc
Gly-Tech Services Inc
Can USA Inc
Extreme Nitrogen LLC
Three Eagles Enterprises LLC
Industry PPP Comparison Statistics
Nationwide, 20,810 businesses in the "Support Activities for Oil and Gas Operations" industry received a total of $3.86B 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 12 employees, 92% lower than Jackson Offshore Operator LLC's reported 142 employees, and received an average PPP loan of $185,360, 92% lower than this company's loan of $2.46M.
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Footnotes & Information
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