PPP Loan Data — Natty Nurse LLC, Woodbridge Township, NJ
Natty Nurse LLC
Entity: Limited Liability Company (LLC)
Location: Woodbridge Township, NJTweet This • Search All PPP Data
Natty Nurse LLC is a limited liability company (LLC) located at 2 William Street in Woodbridge Township, New Jersey 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
Natty Nurse LLC in Woodbridge Township, NJ received a Paycheck Protection Loan of $25,000 through Cross River Bank, which was approved in June, 2020.
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, Natty Nurse LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Natty Nurse LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Natty Nurse LLC in Woodbridge Township, NJ
2 William Street
Woodbridge Township, NJ 8863
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Woodbridge Township
In the Woodbridge Township area, 5 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 2) and received an average PPP loan of $46,451 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Clean Air Co Inc
Miss Laksh-My LLC
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 Natty Nurse LLC's reported 2 employees, and received an average PPP loan of $34,329, 37% higher than this company's loan of $25,000.
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Footnotes & Information
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