PPP Loan Data — Jnaj LLC, Easton, PA
Entity: Limited Liability Company (LLC)
Location: Easton, PATweet This • Search All PPP Data
Jnaj LLC is a limited liability company (LLC) located at 2467 Freemansburg Ave in Easton, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $24,900.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Truist Bank d/b/a Branch Banking & Trust Co
Jnaj LLC in Easton, PA received a Paycheck Protection Loan of $24,900 through Truist Bank d/b/a Branch Banking & Trust Co, 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 May, 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, Jnaj LLC's 2019 payroll expenses are estimated to be at least $119,520.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $29,880 per employee1
Reported PPP Proceed Usage:
On the PPP application, Jnaj LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,900
Business Information - Jnaj LLC in Easton, PA
2467 Freemansburg Ave
Easton, PA 18042
Glass Product Manufacturing Made of Purchased Glass
NAICS code 327215
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 1,226 businesses in the "Glass Product Manufacturing Made of Purchased Glass" industry received a total of $226.41M 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, 350% higher than Jnaj LLC's reported 4 employees, and received an average PPP loan of $184,672, 642% higher than this company's loan of $24,900.
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Footnotes & Information
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