PPP Loan Data — Jdacai Cabin John LLC, Brookeville, MD
Jdacai Cabin John LLC is a limited liability company (LLC) located at 19016 Abbey Manor Dr in Brookeville, Maryland that received a Coronavirus-related PPP loan from the SBA of $46,210.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Idaho First Bank
Jdacai Cabin John LLC in Brookeville, MD received a Paycheck Protection Loan of $46,210 through Idaho First 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 June, 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, Jdacai Cabin John LLC's 2019 payroll expenses are estimated to be at least $221,808.
Based on their reported 32 jobs retained, this equals an estimated average yearly compensation of $6,932 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jdacai Cabin John LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,210
Business Information - Jdacai Cabin John LLC in Brookeville, MD
19016 Abbey Manor Dr
Brookeville, MD 20833
NAICS code 722513
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Brookeville
In the Brookeville area, 7 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 50 employees (compared to this company's 32) and received an average PPP loan of $223,731 (compared to this company's $46,210).
Similar Nearby Businesses Who Received PPP Funding:
Zmas Food LLC
BEI Xiou Company LLC
Green Wave Seafood, LLC
Luis Group Eight LLC
Jdacai Mosaic LLC
Industry PPP Comparison Statistics
Nationwide, 137,629 businesses in the "Limited-Service Restaurants" industry received a total of $13.9B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 34% lower than Jdacai Cabin John LLC's reported 32 employees, and received an average PPP loan of $100,980, 119% higher than this company's loan of $46,210.
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Footnotes & Information
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