PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Nekimi Holdings LLC, Appleton, WI

ALERT: There are 2 PPP loans for a total of $285,186 in our database for businesses with the name "Nekimi Holdings LLC" in Appleton, WI. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Nekimi Holdings LLC

FRANCHISE

WI

Nekimi Holdings LLC

Entity: Sole Proprietorship

Industry: Janitorial Services

Franchise: The Cleaning Authority

Location: Appleton, WI

Search All PPP Data

Nekimi Holdings LLC is a sole proprietorship located at 1049 N Lynndale Dr in Appleton, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $135,186.00 in January, 2021. This business is a The Cleaning Authority franchise.

The company has reported itself as a male owned business, and employed at least 34 people during the applicable loan loan period.

$ PPP Loan Information
Loan #2667958306

Loan Size:

$135,186

Jobs Retained:

34

Loan Approved:

2021-01-21

Loan Status:

Paid in Full or Forgiven

Lender:

Cross River Bank

Nekimi Holdings LLC in Appleton, WI received a Paycheck Protection Loan of $135,186 through Cross River Bank, which was approved in January, 2021.

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 September, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Nekimi Holdings LLC's 2019 payroll expenses are estimated to be at least $648,893.

Based on their reported 34 jobs retained, this equals an estimated average yearly compensation of $19,085 per employee1

Reported PPP Proceed Usage:

On the PPP application, Nekimi Holdings LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $135,186

Business Information - Nekimi Holdings LLC in Appleton, WI

Nekimi Holdings LLC
1049 N Lynndale Dr
Appleton, WI 54914

Business Industry:
Janitorial Services
NAICS code 561720

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Outagamie County, WI — SBA Office 0563 — Congressional District: WI-08

Similar Companies near Appleton

In the Appleton area, 21 businesses in the "Janitorial Services" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 34) and received an average PPP loan of $45,129 (compared to this company's $135,186).

Industry PPP Comparison Statistics

Nationwide, 138,723 businesses in the "Janitorial Services" industry received a total of $4.3B 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 5 employees, 85% lower than Nekimi Holdings LLC's reported 34 employees, and received an average PPP loan of $30,971, 77% lower than this company's loan of $135,186.

SBA PPP loan data, payroll data, and salaries for Nekimi Holdings, LLC
WI

Nekimi Holdings, LLC

Entity: Sole Proprietorship

Industry: All Other Miscellaneous Store Retailers (except Tobacco Stores)

Location: Appleton, WI

Search All PPP Data

Nekimi Holdings, LLC is a sole proprietorship located at 1049 North Lynndale Drive Ste 1b in Appleton, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $150,000.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 35 people during the applicable loan loan period.

$ PPP Loan Information
Loan #7064087106

Loan Size:

$150,000

Jobs Retained:

35

Loan Approved:

2020-04-14

Loan Status:

Paid in Full or Forgiven

Lender:

Customers Bank

Nekimi Holdings, LLC in Appleton, WI received a Paycheck Protection Loan of $150,000 through Customers 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

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Nekimi Holdings, LLC's 2019 payroll expenses are estimated to be at least $720,000.

Based on their reported 35 jobs retained, this equals an estimated average yearly compensation of $20,571 per employee1

Reported PPP Proceed Usage:

On the PPP application, Nekimi Holdings, LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $150,000

Business Information - Nekimi Holdings, LLC in Appleton, WI

Nekimi Holdings, LLC
1049 North Lynndale Drive Ste 1b
Appleton, WI 54914

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Outagamie County, WI — SBA Office 0563 — Congressional District: WI-08

Similar Companies near Appleton

In the Appleton area, 19 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 35) and received an average PPP loan of $61,159 (compared to this company's $150,000).

Industry PPP Comparison Statistics

Nationwide, 146,534 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $5.11B 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, 89% lower than Nekimi Holdings, LLC's reported 35 employees, and received an average PPP loan of $34,905, 77% lower than this company's loan of $150,000.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/nekimi-holdings-llc-appleton-wi