PPP Loan Data — JR Er LLC, Bethel, WA
JR Er LLC is a sole proprietorship located at 1002 196 St , Bethel, Washington, 98387 in Bethel, Washington that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in June, 2020.
The company has reported itself as a Black or african american female owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:MBE Capital Partners
JR Er LLC in Bethel, WA received a Paycheck Protection Loan of $25,000 through MBE Capital Partners, which was approved in June, 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, JR Er LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, JR Er LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - JR Er LLC in Bethel, WA
1002 196 St , Bethel, Washington, 98387
Bethel, WA 98387
NAICS code 561720
Business Owner Demographics
Race: Black or African American
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Bethel
In the Bethel area, 16 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 2) and received an average PPP loan of $27,123 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Integrity Building Maintenance LLC
Interior Focus Professional Cleaning Services
Homestar Cleaning Solutions
CK Cleaning LLC
Industry PPP Comparison Statistics
Nationwide, 146,067 businesses in the "Janitorial Services" industry received a total of $4.43B 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, 150% higher than JR Er LLC's reported 2 employees, and received an average PPP loan of $30,311, 21% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
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