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PPP Loan Data — JM Research Solutions LLC, Mount Pleasant, SC

ALERT: There are 2 PPP loans for a total of $30,211 in our database for businesses with the name "JM Research Solutions LLC" in Mount Pleasant, SC. 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 JM Research Solutions LLC
SC

JM Research Solutions LLC

Entity: Limited Liability Company (LLC)

Industry: All Other Professional, Scientific, and Technical Services

Location: Mount Pleasant, SC

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JM Research Solutions LLC is a limited liability company (LLC) located in Mount Pleasant, South Carolina that received a Coronavirus-related PPP loan from the SBA of $15,000.00 in March, 2021.

$ PPP Loan Information
Loan #8447988604

Loan Size:

$15,000

Jobs Retained:

1

Loan Approved:

2021-03-24

Loan Status:

Paid in Full or Forgiven

Lender:

Customers Bank

JM Research Solutions LLC in Mount Pleasant, SC received a Paycheck Protection Loan of $15,000 through Customers Bank, which was approved in March, 2021.

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 November, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, JM Research Solutions LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $15,000

Business Information - JM Research Solutions LLC in Mount Pleasant, SC

JM Research Solutions LLC
Mount Pleasant, SC
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990

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

Charleston County, SC — SBA Office 0464 — Congressional District: SC-01

Similar Companies near Mount Pleasant

In the Mount Pleasant area, 44 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $46,966 (compared to this company's $15,000).

Industry PPP Comparison Statistics

Nationwide, 128,302 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.37B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, 400% higher than JM Research Solutions LLC's reported 1 employees, and received an average PPP loan of $57,481, 283% higher than this company's loan of $15,000.

SBA PPP loan data, payroll data, and salaries for JM Research Solutions LLC
SC

JM Research Solutions LLC

Entity: Limited Liability Company (LLC)

Industry: Research and Development in the Social Sciences and Humanities

Location: Mount Pleasant, SC

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JM Research Solutions LLC is a limited liability company (LLC) located in Mount Pleasant, South Carolina that received a Coronavirus-related PPP loan from the SBA of $15,211.00 in July, 2020.

$ PPP Loan Information
Loan #2194288207

Loan Size:

$15,211

Jobs Retained:

1

Loan Approved:

2020-07-31

Loan Status:

Ongoing Loan

Lender:

Cross River Bank

JM Research Solutions LLC in Mount Pleasant, SC received a Paycheck Protection Loan of $15,211 through Cross River Bank, which was approved in July, 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.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

On the PPP application, JM Research Solutions LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $15,211

Business Information - JM Research Solutions LLC in Mount Pleasant, SC

JM Research Solutions LLC
Mount Pleasant, SC
* Full address is redacted to protect the privacy of individuals.

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

Charleston County, SC — SBA Office 0464 — Congressional District: SC-01

Industry PPP Comparison Statistics

Nationwide, 2,670 businesses in the "Research and Development in the Social Sciences and Humanities" industry received a total of $409.46M 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 13 employees, 1200% higher than JM Research Solutions LLC's reported 1 employees, and received an average PPP loan of $153,357, 908% higher than this company's loan of $15,211.

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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Source: www.federalpay.org/paycheck-protection-program/jm-research-solutions-llc-mount-pleasant-sc