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PPP Loan Data — Jmlp Management LLC,
Dallas, TX
Jmlp Management LLC
Entity: Limited Liability Company (LLC)
Industry: Other Accounting Services
Location: Dallas, TX
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Jmlp Management LLC is a limited liability company (LLC) located at 5151 Belt Line Rd Ste 715 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $1,785,000.00 in February, 2021.
The company has reported itself as a White female owned business, and employed at least 51 people during the applicable loan loan period.
$
PPP Loan Information
Loan #9115428402
Loan Size:
Jobs Retained:
51Loan Approved:
2021-02-16Loan Status:
Paid in Full or ForgivenLender:
Community Bank of LouisianaJmlp Management LLC in Dallas, TX received a Paycheck Protection Loan of $1.79M through Community Bank of Louisiana, which was approved in February, 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 January, 2023.
The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 51 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 86. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
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 MoreUnderstanding 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 MoreBased 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, Jmlp Management LLC's 2019 payroll expenses are estimated to be at least $8.57M (not accounting for salary amounts > $100k).
Because the 51 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Reported PPP Proceed Usage:
On the PPP application, Jmlp Management LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,784,997
Business Information - Jmlp Management LLC in Dallas, TX
5151 Belt Line Rd Ste 715
Dallas, TX 75254
Business Industry:
Other Accounting Services
NAICS code 541219
Business Owner Demographics
Race: White
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 7 other businesses that received a PPP loan registered to the same address as Jmlp Management LLC.
John Calce
Crude Petroleum Extraction
Silver Fuels LLC
Administrative Management and General Management Consulting Services
ARX Statia Holdings LLC
Petroleum Refineries
Ballengee Holdings LLC
Support Activities for Oil and Gas Operations
Bacchus Capital Trading LLC
Support Activities for Oil and Gas Operations
Ballengee Group LLC
Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures
Meridian Transport LLC
Pipeline Transportation of Crude Oil
Similar Companies near Dallas
In the Dallas area, 12 businesses in the "Other Accounting Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 51) and received an average PPP loan of $253,791 (compared to this company's $1.79M).
Similar Nearby Businesses Who Received PPP Funding:
Eduardo Prieto
Dallas, TX
Freddy Holder Consulting
Dallas, TX
The Dove Agency, LLC
Dallas, TX
Gholi Mirgallou
Dallas, TX
Asterix Global Services, Inc
Dallas, TX
Saddock Advisory, LLC
Dallas, TX
RTW Financial Advisors, Inc
Dallas, TX
Cergis Billing LLC
Dallas, TX
Industry PPP Comparison Statistics
Nationwide, 63,702 businesses in the "Other Accounting Services" industry received a total of $2.02B 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 3 employees, 94% lower than Jmlp Management LLC's reported 51 employees, and received an average PPP loan of $31,702, 98% lower than this company's loan of $1.79M.
Jmlp Management LLC
Entity: Limited Liability Company (LLC)
Industry: Petroleum Refineries
Location: Dallas, TX
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Jmlp Management LLC is a limited liability company (LLC) located at 5151 Belt Line Rd Suite 715 in Dallas, Texas that received a Coronavirus-related PPP loan from the SBA of $3,566,300.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 100 people during the applicable loan loan period.
$
PPP Loan Information
Loan #5257027009
Loan Size:
Jobs Retained:
100Loan Approved:
2020-04-05Loan Status:
Charged OffLender:
Community Bank of LouisianaJmlp Management LLC in Dallas, TX received a Paycheck Protection Loan of $3.57M through Community Bank of Louisiana, which was approved in April, 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 September, 2022.
The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 100 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 171. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
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 MoreUnderstanding 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 MoreBased 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, Jmlp Management LLC's 2019 payroll expenses are estimated to be at least $17.12M (not accounting for salary amounts > $100k).
Because the 100 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Reported PPP Proceed Usage:
On the PPP application, Jmlp Management LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,566,300
Business Information - Jmlp Management LLC in Dallas, TX
5151 Belt Line Rd Suite 715
Dallas, TX 75254
Business Industry:
Petroleum Refineries
NAICS code 324110
Business Owner Demographics
Race: White
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There are 4 other businesses that received a PPP loan registered to the same address as Jmlp Management LLC.
Silver Fuels LLC
Offices of Other Holding Companies
Ballengee Holdings, LLC
Support Activities for Oil and Gas Operations
Bacchus Capital Trading LLC
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Meridian Transport LLC
Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
Similar Companies near Dallas
In the Dallas area, 2 businesses in the "Petroleum Refineries" industry received a PPP loan. These local businesses reported an average of 54 employees (compared to this company's 100) and received an average PPP loan of $1,832,876 (compared to this company's $3.57M).
Similar Nearby Businesses Who Received PPP Funding:
ARX Statia Holdings LLC
Dallas, TX
Industry PPP Comparison Statistics
Nationwide, 331 businesses in the "Petroleum Refineries" industry received a total of $80.87M 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 18 employees, 82% lower than Jmlp Management LLC's reported 100 employees, and received an average PPP loan of $244,328, 93% lower than this company's loan of $3.57M.
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.
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.
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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