PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — JD Maamry Enterprises Inc, Louisville, KY

ALERT: There are 2 PPP loans for a total of $20,670 in our database for businesses with the name "JD Maamry Enterprises Inc" in Louisville, KY. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for JD Maamry Enterprises Inc

FRANCHISE

KY

JD Maamry Enterprises Inc

Entity: Corporation

Industry: All Other Personal Services

Franchise: The Entrepreneur's Source

Location: Louisville, KY

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JD Maamry Enterprises Inc is a corporation located at 15110 Abington Ridge Pl 15110 Abington Ridge Place in Louisville, Kentucky that received a Coronavirus-related PPP loan from the SBA of $9,270.00 in February, 2021. This business is a The Entrepreneur's Source franchise.

$ PPP Loan Information
Loan #6020928403

Loan Size:

$9,270

Jobs Retained:

1

Loan Approved:

2021-02-09

Loan Status:

Ongoing Loan

Lender:

PNC Bank, National Association

JD Maamry Enterprises Inc in Louisville, KY received a Paycheck Protection Loan of $9,270 through PNC Bank, National Association, which was approved in February, 2021.

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. The loan's status was last updated by the SBA in November, -0001.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, JD Maamry Enterprises Inc's 2019 payroll expenses are estimated to be at least $44,496.

Based on their reported 1 jobs retained, this equals an estimated average yearly compensation of $44,496 per employee1

Reported PPP Proceed Usage:

On the PPP application, JD Maamry Enterprises Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $9,270

Business Information - JD Maamry Enterprises Inc in Louisville, KY

JD Maamry Enterprises Inc
15110 Abington Ridge Pl 15110 Abington Ridge Place
Louisville, KY 40245

Business Industry:
All Other Personal Services
NAICS code 812990

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Jefferson County, KY — SBA Office 0457 — Congressional District: KY-04

Similar Companies near Louisville

In the Louisville area, 11 businesses in the "All Other Personal Services" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 1) and received an average PPP loan of $56,820 (compared to this company's $9,270).

Industry PPP Comparison Statistics

Nationwide, 237,729 businesses in the "All Other Personal Services" industry received a total of $5.63B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 3 employees, 200% higher than JD Maamry Enterprises Inc's reported 1 employees, and received an average PPP loan of $23,676, 155% higher than this company's loan of $9,270.

SBA PPP loan data, payroll data, and salaries for JD Maamry Enterprises, Inc
KY

JD Maamry Enterprises, Inc

Entity: Corporation

Industry: Unclassified Establishments

Location: Louisville, KY

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JD Maamry Enterprises, Inc is a corporation located at 15110 Abington Ridge Pl in Louisville, Kentucky that received a Coronavirus-related PPP loan from the SBA of $11,400.00 in May, 2020.

$ PPP Loan Information
Loan #7645857709

Loan Size:

$11,400

Jobs Retained:

2

Loan Approved:

2020-05-01

Loan Status:

Ongoing Loan

Lender:

PNC Bank, National Association

JD Maamry Enterprises, Inc in Louisville, KY received a Paycheck Protection Loan of $11,400 through PNC Bank, National Association, which was approved in May, 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. The loan's status was last updated by the SBA in November, -0001.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, JD Maamry Enterprises, Inc's 2019 payroll expenses are estimated to be at least $54,720.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $27,360 per employee1

Reported PPP Proceed Usage:

On the PPP application, JD Maamry Enterprises, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $11,400

Business Information - JD Maamry Enterprises, Inc in Louisville, KY

JD Maamry Enterprises, Inc
15110 Abington Ridge Pl
Louisville, KY 40245

Business Industry:
Unclassified Establishments
NAICS code 999990

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age:

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Jefferson County, KY — SBA Office 0457 — Congressional District: KY-04

Similar Companies near Louisville

In the Louisville area, 9 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 2) and received an average PPP loan of $32,616 (compared to this company's $11,400).

Industry PPP Comparison Statistics

Nationwide, 85,647 businesses in the "Unclassified Establishments" industry received a total of $3.67B 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 10 employees, 400% higher than JD Maamry Enterprises, Inc's reported 2 employees, and received an average PPP loan of $42,878, 276% higher than this company's loan of $11,400.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/jd-maamry-enterprises-inc-louisville-ky