PPP Loan Data — Jked Inc, Hickory, NC
Jked Inc is a subchapter s corporation located at 326 8th Street Nw in Hickory, North Carolina that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:PNC Bank, National Association
Jked Inc in Hickory, NC received a Paycheck Protection Loan of $25,200 through PNC Bank, National Association, 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 April, 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, Jked Inc's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $13,440 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jked Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - Jked Inc in Hickory, NC
326 8th Street Nw
Hickory, NC 28601
Exterminating and Pest Control Services
NAICS code 561710
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Hickory
In the Hickory area, 5 businesses in the "Exterminating and Pest Control Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 9) and received an average PPP loan of $61,148 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Maynard Pest Management LLC
Environmental Pest Solutions
Bonus Pest Control Inc
Industry PPP Comparison Statistics
Nationwide, 11,446 businesses in the "Exterminating and Pest Control Services" industry received a total of $713.27M 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 8 employees, 11% lower than Jked Inc's reported 9 employees, and received an average PPP loan of $62,316, 147% higher than this company's loan of $25,200.
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Footnotes & Information
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