PPP Loan Data — Melanie Nicole Felix, Victorville, CA
Melanie Nicole Felix is a sole proprietorship located at 13213 Blue Mesa Court in Victorville, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
Melanie Nicole Felix in Victorville, CA received a Paycheck Protection Loan of $25,000 through JPMorgan Chase Bank, National Association, 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 June, 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, Melanie Nicole Felix's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Melanie Nicole Felix reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $15,000
- Utilities: $3,500
- Mortgage Interest: $1,500
- Rent: $2,500
- Refinance EIDL: $1,000
- Debt Interest: $1,500
Business Information - Melanie Nicole Felix in Victorville, CA
13213 Blue Mesa Court
Victorville, CA 92392
Child Day Care Services
NAICS code 624410
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Victorville
In the Victorville area, 82 businesses in the "Child Day Care Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 5) and received an average PPP loan of $14,456 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Wade Family Childcare
Tayler St Juniors
Garcia Family Child Care Inc
Industry PPP Comparison Statistics
Nationwide, 132,794 businesses in the "Child Day Care Services" industry received a total of $5.53B 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 8 employees, 60% higher than Melanie Nicole Felix's reported 5 employees, and received an average PPP loan of $41,676, 67% higher than this company's loan of $25,000.
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Footnotes & Information
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