PPP Loan Data — Marietta Adventure Company, LLC, Marietta, OH
Marietta Adventure Company, LLC is a limited liability company (LLC) located at 219 B Second St in Marietta, Ohio that received a Coronavirus-related PPP loan from the SBA of $47,045.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Marietta Adventure Company, LLC in Marietta, OH received a Paycheck Protection Loan of $47,045 through Peoples Bank, 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, Marietta Adventure Company, LLC's 2019 payroll expenses are estimated to be at least $225,816.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $45,163 per employee1
Reported PPP Proceed Usage:
On the PPP application, Marietta Adventure Company, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $35,284
- Rent: $11,761
Business Information - Marietta Adventure Company, LLC in Marietta, OH
219 B Second St
Marietta, OH 45750
Sporting and Athletic Goods Manufacturing
NAICS code 339920
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 3,012 businesses in the "Sporting and Athletic Goods Manufacturing" industry received a total of $320.36M 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 11 employees, 120% higher than Marietta Adventure Company, LLC's reported 5 employees, and received an average PPP loan of $106,361, 126% higher than this company's loan of $47,045.
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Footnotes & Information
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