PPP Loan Data — Javine Ventures, Inc. & Subsidiaries, Phoenix, AZ
Javine Ventures, Inc. & Subsidiaries
Entity: Subchapter S Corporation
Location: Phoenix, AZTweet This • Search All PPP Data
Javine Ventures, Inc. & Subsidiaries is a subchapter s corporation located at 2851 W. Kathleen Rd in Phoenix, Arizona that received a Coronavirus-related PPP loan from the SBA of $2,425,000.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:UMB Bank, National Association
Javine Ventures, Inc. & Subsidiaries in Phoenix, AZ received a Paycheck Protection Loan of $2.43M through UMB Bank, National Association, 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, Javine Ventures, Inc. & Subsidiaries' 2019 payroll expenses are estimated to be at least $11.64M.
Based on their reported 132 jobs retained, this equals an estimated average yearly compensation of $88,182 per employee1
Reported PPP Proceed Usage:
On the PPP application, Javine Ventures, Inc. & Subsidiaries reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,425,000
Business Information - Javine Ventures, Inc. & Subsidiaries in Phoenix, AZ
2851 W. Kathleen Rd
Phoenix, AZ 85054
Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers
NAICS code 423730
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
Nationwide, 2,415 businesses in the "Warm Air Heating and Air-Conditioning Equipment and Supplies Merchant Wholesalers" industry received a total of $489.76M 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 15 employees, 89% lower than Javine Ventures, Inc. & Subsidiaries' reported 132 employees, and received an average PPP loan of $202,797, 92% lower than this company's loan of $2.43M.
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Footnotes & Information
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