PPP Loan Data — Kimpalou Consulting & Services LLC, Dumfries, VA
Kimpalou Consulting & Services LLC
Entity: Sole Proprietorship
Location: Dumfries, VATweet This • Search All PPP Data
Kimpalou Consulting & Services LLC is a sole proprietorship located at 3252 John Robinson Lane in Dumfries, Virginia that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Kimpalou Consulting & Services LLC in Dumfries, VA received a Paycheck Protection Loan of $25,200 through Customers Bank, which was approved in April, 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 March, 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, Kimpalou Consulting & Services LLC's 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,480 per employee1
Reported PPP Proceed Usage:
On the PPP application, Kimpalou Consulting & Services LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Utilities: $25,200
Business Information - Kimpalou Consulting & Services LLC in Dumfries, VA
3252 John Robinson Lane
Dumfries, VA 22026
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dumfries
In the Dumfries area, 13 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 2) and received an average PPP loan of $46,576 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Firvida Construction Corporation
Petra Mitchell DBA Petra Mitchell
Industry PPP Comparison Statistics
Nationwide, 152,436 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $5.23B 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 4 employees, 100% higher than Kimpalou Consulting & Services LLC's reported 2 employees, and received an average PPP loan of $34,329, 36% higher than this company's loan of $25,200.
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Footnotes & Information
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