PPP Loan Data — LKS Consulting, LLC, Reeves, LA
LKS Consulting, LLC
Entity: Limited Liability Company (LLC)
Location: Reeves, LATweet This • Search All PPP Data
LKS Consulting, LLC is a limited liability company (LLC) located at 2251 Martin Tram Rd in Reeves, Louisiana that received a Coronavirus-related PPP loan from the SBA of $25,175.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
LKS Consulting, LLC in Reeves, LA received a Paycheck Protection Loan of $25,175 through JD 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 February, 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, LKS Consulting, LLC's 2019 payroll expenses are estimated to be at least $120,840.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,420 per employee1
Reported PPP Proceed Usage:
On the PPP application, LKS Consulting, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,175
Business Information - LKS Consulting, LLC in Reeves, LA
2251 Martin Tram Rd
Reeves, LA 70658
Other Scientific and Technical Consulting Services
NAICS code 541690
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 28,306 businesses in the "Other Scientific and Technical Consulting Services" industry received a total of $2.1B 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 6 employees, 200% higher than LKS Consulting, LLC's reported 2 employees, and received an average PPP loan of $74,096, 194% higher than this company's loan of $25,175.
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Footnotes & Information
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