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PPP Loan Data — Jule Holdings LLC, Iselin, NJ

SBA PPP loan data, payroll data, and salaries for Jule Holdings LLC

Jule Holdings LLC

Entity: Limited Liability Company (LLC)

Industry: Child Day Care Services

Location: Iselin, NJ

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Jule Holdings LLC is a limited liability company (LLC) located at 116 Grand St in Iselin, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,725,357.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Jule Holdings LLC in Iselin, NJ received a Paycheck Protection Loan of $2.73M through COLUMBIA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Jule Holdings LLC's total 2019 payroll expenses were approximately $13.08M in order to qualify for the PPP loan amount received.

Based on their reported 475 jobs retained, this equals an estimated average yearly compensation of $27,540 per employee1.

Because the loan received by Jule Holdings LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Jule Holdings LLC in Iselin, NJ

Jule Holdings LLC
116 Grand St
Iselin, NJ 08830

Business Industry

Child Day Care Services (NAICS code 624410)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NJ-06

Similar Companies near Iselin

In the Iselin area, 7 businesses in the "Child Day Care Services" industry received a PPP loan. These local businesses reported an average of 70 employees (compared to this company's 475) and received an average PPP loan of $427,894 (compared to this company's $2.73M).

Industry PPP Comparison Statistics

Nationwide, 42,269 businesses in the "Child Day Care Services" industry received a total of $2,725,013,735.00 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 11 employees, 98% lower than Jule Holdings LLC's reported 475 employees, and received an average PPP loan of $64,468, 98% lower than this company's loan of $2.73M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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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