PPP Loan Data — Justin Dalrymple LLC, Orlando, FL
Justin Dalrymple LLC is a limited liability company (LLC) located at 100 S Eola Dr Unit 813 in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $25,355.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of America, National Association
Justin Dalrymple LLC in Orlando, FL received a Paycheck Protection Loan of $25,355 through Bank of America, National Association, which was approved in May, 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 April, 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, Justin Dalrymple LLC's 2019 payroll expenses are estimated to be at least $121,704.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,852 per employee1
Reported PPP Proceed Usage:
On the PPP application, Justin Dalrymple LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,355
Business Information - Justin Dalrymple LLC in Orlando, FL
100 S Eola Dr Unit 813
Orlando, FL 32801
NAICS code 523910
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Orlando
In the Orlando area, 9 businesses in the "Miscellaneous Intermediation" industry received a PPP loan. These local businesses reported an average of 17 employees (compared to this company's 2) and received an average PPP loan of $80,561 (compared to this company's $25,355).
Similar Nearby Businesses Who Received PPP Funding:
Source One Holdings, LLC
JA2 Investments, LLC
Deepwork Capital, LLC
D R S Property Group LLC
Viking Investments International LLC
Sentio Investments, LLC
Mannella Investment Group, LLC
DRS Property Group LLC
Industry PPP Comparison Statistics
Nationwide, 8,414 businesses in the "Miscellaneous Intermediation" industry received a total of $504.92M 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 9 employees, 350% higher than Justin Dalrymple LLC's reported 2 employees, and received an average PPP loan of $60,010, 137% higher than this company's loan of $25,355.
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Footnotes & Information
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