PPP Loan Data — John Stanley & Associates, Inc, Montgomery, AL
John Stanley & Associates, Inc is a corporation located at 4747 Woodmere Blvd in Montgomery, Alabama that received a Coronavirus-related PPP loan from the SBA of $46,039.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
John Stanley & Associates, Inc in Montgomery, AL received a Paycheck Protection Loan of $46,039 through Synovus Bank, which was approved in April, 2020.
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, John Stanley & Associates, Inc's 2019 payroll expenses are estimated to be at least $220,987.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $73,662 per employee1
Reported PPP Proceed Usage:
On the PPP application, John Stanley & Associates, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,039
Business Information - John Stanley & Associates, Inc in Montgomery, AL
4747 Woodmere Blvd
Montgomery, AL 36106
Other Activities Related to Real Estate
NAICS code 531390
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Montgomery
In the Montgomery area, 4 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 3) and received an average PPP loan of $17,333 (compared to this company's $46,039).
Similar Nearby Businesses Who Received PPP Funding:
Montgomery Metro Realty, Inc
Shashy Realty LLC
Raymond Dalton Silas
Industry PPP Comparison Statistics
Nationwide, 79,334 businesses in the "Other Activities Related to Real Estate" industry received a total of $3.69B 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 4 employees, 33% higher than John Stanley & Associates, Inc's reported 3 employees, and received an average PPP loan of $46,456, 1% higher than this company's loan of $46,039.
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Footnotes & Information
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