PPP Loan Data — Jaimie K. Josi, Tillamook, OR
Jaimie K. Josi is a self-employed individual located at 9885 Sollie Smith Rd N in Tillamook, Oregon that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Jaimie K. Josi in Tillamook, OR received a Paycheck Protection Loan of $25,000 through Umpqua Bank, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Jaimie K. Josi's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jaimie K. Josi reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Jaimie K. Josi in Tillamook, OR
9885 Sollie Smith Rd N
Tillamook, OR 97141
Dairy Cattle and Milk Production
NAICS code 112120
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Tillamook
In the Tillamook area, 28 businesses in the "Dairy Cattle and Milk Production" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 3) and received an average PPP loan of $83,783 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
River Mist Dairy LLC
Misty Meadow Dairy LLC
Mistvale Farm Inc
Wilsona Farms LLC
Tilla-Bay Farms, Inc
Industry PPP Comparison Statistics
Nationwide, 24,315 businesses in the "Dairy Cattle and Milk Production" industry received a total of $1.23B 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, 100% higher than Jaimie K. Josi's reported 3 employees, and received an average PPP loan of $50,558, 102% higher than this company's loan of $25,000.
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Footnotes & Information
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