PPP Loan Data — Munera Guzman Inc, Sunnyside, NY
Munera Guzman Inc
Entity: Subchapter S Corporation
Location: Sunnyside, NYTweet This • Search All PPP Data
Munera Guzman Inc is a subchapter s corporation located at 4709 Skillman Ave H6 in Sunnyside, New York that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in June, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cross River Bank
Munera Guzman Inc in Sunnyside, NY received a Paycheck Protection Loan of $25,000 through Cross River Bank, which was approved in June, 2020.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
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, Munera Guzman Inc's 2019 payroll expenses are estimated to be at least $120,000 (not accounting for salary amounts > $100k).
Because the 1 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Reported PPP Proceed Usage:
On the PPP application, Munera Guzman Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Munera Guzman Inc in Sunnyside, NY
4709 Skillman Ave H6
Sunnyside, NY 11104
Lessors of Nonresidential Buildings (except Miniwarehouses)
NAICS code 531120
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sunnyside
In the Sunnyside area, 5 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $24,995 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Triboro Transit Inc
Goldstein & Foley LLC
Industry PPP Comparison Statistics
Nationwide, 19,255 businesses in the "Lessors of Nonresidential Buildings (except Miniwarehouses)" industry received a total of $1.72B 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 10 employees, 900% higher than Munera Guzman Inc's reported 1 employees, and received an average PPP loan of $89,367, 257% higher than this company's loan of $25,000.
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Footnotes & Information
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