PPP Loan Data — Jason Schwartz, Clrksville, TN
Jason Schwartz is a sole proprietorship located at 2279 Raleigh Court in Clrksville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $24,892.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First Command Bank
Jason Schwartz in Clrksville, TN received a Paycheck Protection Loan of $24,892 through First Command Bank, 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 May, 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, Jason Schwartz's 2019 payroll expenses are estimated to be at least $119,482.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $59,741 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jason Schwartz reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,892
Business Information - Jason Schwartz in Clrksville, TN
2279 Raleigh Court
Clrksville, TN 37043
NAICS code 523930
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Clrksville
In the Clrksville area, 12 businesses in the "Investment Advice" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 2) and received an average PPP loan of $19,808 (compared to this company's $24,892).
Similar Nearby Businesses Who Received PPP Funding:
Zach Walden Wealth Management
Katherine A Waters
Brittany A Bradley
Benjamin Smith Financial
Industry PPP Comparison Statistics
Nationwide, 32,223 businesses in the "Investment Advice" industry received a total of $1.45B 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 4 employees, 100% higher than Jason Schwartz's reported 2 employees, and received an average PPP loan of $44,994, 81% higher than this company's loan of $24,892.
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Footnotes & Information
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