PPP Loan Data — Jeremy Dunn Enterprises, Inc, Encino, CA
Jeremy Dunn Enterprises, Inc is a corporation located at 17150 Burbank Blvd Unit 35 in Encino, California that received a Coronavirus-related PPP loan from the SBA of $1,849,513.00 in June, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
Jeremy Dunn Enterprises, Inc in Encino, CA received a Paycheck Protection Loan of $1.85M through Bank of America, National Association, which was approved in June, 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, Jeremy Dunn Enterprises, Inc's 2019 payroll expenses are estimated to be at least $8.88M.
Based on their reported 428 jobs retained, this equals an estimated average yearly compensation of $20,742 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jeremy Dunn Enterprises, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,849,513
Business Information - Jeremy Dunn Enterprises, Inc in Encino, CA
17150 Burbank Blvd Unit 35
Encino, CA 91316
All Other Amusement and Recreation Industries
NAICS code 713990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Encino
In the Encino area, 23 businesses in the "All Other Amusement and Recreation Industries" industry received a PPP loan. These local businesses reported an average of 20 employees (compared to this company's 428) and received an average PPP loan of $98,680 (compared to this company's $1.85M).
Similar Nearby Businesses Who Received PPP Funding:
Truly Blessed Watch Me Work
Industry PPP Comparison Statistics
Nationwide, 26,511 businesses in the "All Other Amusement and Recreation Industries" industry received a total of $1.46B 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 12 employees, 97% lower than Jeremy Dunn Enterprises, Inc's reported 428 employees, and received an average PPP loan of $55,179, 97% lower than this company's loan of $1.85M.
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Footnotes & Information
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