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PPP Loan Data — Joella's Kennesaw GA, LLC,
Kennesaw, GA
Joella's Kennesaw GA, LLC
Entity: Limited Liability Company (LLC)
Industry: New Car Dealers
Location: Kennesaw, GA
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Joella's Kennesaw GA, LLC is a limited liability company (LLC) located at 840 Ernest W Barrett Pkwy in Kennesaw, Georgia that received a Coronavirus-related PPP loan from the SBA of $91,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
16Loan Approved:
2020-04-05Lender:
STOCK YARDS BANK & TRUST COMPANYJoella's Kennesaw GA, LLC received a Paycheck Protection Loan of $91,000 through STOCK YARDS BANK & TRUST COMPANY, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Joella's Kennesaw GA, LLC's total 2019 payroll expenses were approximately $436,800 in order to qualify for the PPP loan amount received.
Based on their reported 16 jobs retained, this equals an estimated average yearly compensation of $27,300 per employee1.
Business Information - Joella's Kennesaw GA, LLC in Kennesaw, GA
840 Ernest W Barrett Pkwy
Kennesaw, GA 30144
Business Industry
New Car Dealers (NAICS code 441110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: GA-11Similar Companies near Kennesaw
In the Kennesaw area, 9 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 16) and received an average PPP loan of $1,316,113 (compared to this company's $91,000).
Similar Nearby Businesses Who Received PPP Funding:
Subaru Of Kennesaw LLC
Kennesaw, GA
Jim Ellis Motors Inc
Kennesaw, GA
Carl Black Chevrolet Buick Gmc Inc
Kennesaw, GA
Kennesaw Motor Sales Inc
Kennesaw, GA
Northwest Atlanta Automotive Group, LLC
Kennesaw, GA
Shottenkirk Jasper Inc
Jasper, GA
RFN Chevrolet, LLC
Kennesaw, GA
Cherokee Hyundai Of Kennesaw, LLC
Kennesaw, GA
Industry PPP Comparison Statistics
Nationwide, 16,570 businesses in the "New Car Dealers" industry received a total of $10,869,996,969.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 47 employees, 194% higher than Joella's Kennesaw GA, LLC's reported 16 employees, and received an average PPP loan of $656,005, 621% higher than this company's loan of $91,000.
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. 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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