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PPP Loan Data — Nicman Group LLC,
Centennial, CO
Nicman Group LLC
Entity: Limited Liability Company (LLC)
Industry: Miscellaneous Intermediation
Location: Centennial, CO
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Nicman Group LLC is a limited liability company (LLC) located at 8200 S Quebec St A3-195 in Centennial, Colorado that received a Coronavirus-related PPP loan from the SBA of $190,172.00 in March, 2021.
$
PPP Loan Information
Loan #9873758504
Loan Size:
Jobs Retained:
11Loan Approved:
2021-03-12Loan Status:
Ongoing LoanLender:
JPMorgan Chase Bank, National AssociationNicman Group LLC in Centennial, CO received a Paycheck Protection Loan of $190,172 through JPMorgan Chase Bank, National Association, which was approved in March, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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 MoreUnderstanding 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 MoreBased 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, Nicman Group LLC's 2019 payroll expenses are estimated to be at least $912,826.
Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $82,984 per employee1
Reported PPP Proceed Usage:
On the PPP application, Nicman Group LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $190,169
- Utilities: $1
Business Information - Nicman Group LLC in Centennial, CO
8200 S Quebec St A3-195
Centennial, CO 80112
Business Industry:
Miscellaneous Intermediation
NAICS code 523910
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Centennial
In the Centennial area, 18 businesses in the "Miscellaneous Intermediation" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 11) and received an average PPP loan of $135,527 (compared to this company's $190,172).
Similar Nearby Businesses Who Received PPP Funding:
Hutton Investments LLC
Englewood, CO
Precision Property Investments, Inc
Centennial, CO
Aveo Private Wealth, LLC
Greenwood Village, CO
Far West Investments, Inc
Englewood, CO
Republic Financial Corporation
Greenwood Village, CO
Tralee Capital Mgt LP, LLC
Englewood, CO
Brookhaven Capital LLC
Greenwood Village, CO
The Compliance Department Inc
Centennial, CO
Industry PPP Comparison Statistics
Nationwide, 8,414 businesses in the "Miscellaneous Intermediation" industry received a total of $504.92M 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 9 employees, 18% lower than Nicman Group LLC's reported 11 employees, and received an average PPP loan of $60,010, 68% lower than this company's loan of $190,172.
Nicman Group LLC
Entity: Limited Liability Company (LLC)
Industry: Other Management Consulting Services
Location: Centennial, CO
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Nicman Group LLC is a limited liability company (LLC) located at 8200 S. Quebec Street Suite A3-195 in Centennial, Colorado that received a Coronavirus-related PPP loan from the SBA of $160,190.00 in May, 2020.
$
PPP Loan Information
Loan #2466517703
Loan Size:
Jobs Retained:
90Loan Approved:
2020-05-01Loan Status:
Paid in Full or ForgivenLender:
JPMorgan Chase Bank, National AssociationNicman Group LLC in Centennial, CO received a Paycheck Protection Loan of $160,190 through JPMorgan Chase Bank, National Association, 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 May, 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 MoreUnderstanding 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 MoreBased 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, Nicman Group LLC's 2019 payroll expenses are estimated to be at least $768,912.
Based on their reported 90 jobs retained, this equals an estimated average yearly compensation of $8,543 per employee1
Reported PPP Proceed Usage:
On the PPP application, Nicman Group LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $120,152
- Utilities: $16,019
- Rent: $16,019
- Health Care: $8,000
Business Information - Nicman Group LLC in Centennial, CO
8200 S. Quebec Street Suite A3-195
Centennial, CO 80112
Business Industry:
Other Management Consulting Services
NAICS code 541618
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Centennial
In the Centennial area, 84 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 90) and received an average PPP loan of $124,978 (compared to this company's $160,190).
Similar Nearby Businesses Who Received PPP Funding:
Beinventiv Inc
Englewood, CO
Centennial Advisor Group, LLC
Englewood, CO
Preis Management Group LLC
Centennial, CO
People Movers, LLC
Greenwood Village, CO
Marlowe Technology Services LLC
Centennial, CO
Moore Consulting Agency LLC
Englewood, CO
Van Diest Consulting Inc
Englewood, CO
Wolfe Accounting & Consulting LLC
Centennial, CO
DL Enterprises
Englewood, CO
Industry PPP Comparison Statistics
Nationwide, 84,014 businesses in the "Other Management Consulting Services" industry received a total of $3.74B 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 4 employees, 96% lower than Nicman Group LLC's reported 90 employees, and received an average PPP loan of $44,524, 72% lower than this company's loan of $160,190.
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.
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.
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