PPP Loan Data — Nosh LLC, Clearwater, FL
Nosh LLC is a sole proprietorship located in Clearwater, Florida that received a Coronavirus-related PPP loan from the SBA of $25,130.00 in August, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Cross River Bank
Nosh LLC in Clearwater, FL received a Paycheck Protection Loan of $25,130 through Cross River Bank, which was approved in August, 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.
Reported PPP Proceed Usage:
On the PPP application, Nosh LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,130
Business Information - Nosh LLC in Clearwater, FL
* Full address is redacted to protect the privacy of individuals.
All Other Personal Services
NAICS code 812990
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Clearwater
In the Clearwater area, 67 businesses in the "All Other Personal Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $14,900 (compared to this company's $25,130).
Similar Nearby Businesses Who Received PPP Funding:
Bless The Children Inc
Create You LLC
Stretch-N-Grow Clearwater LLC
Industry PPP Comparison Statistics
Nationwide, 237,729 businesses in the "All Other Personal Services" industry received a total of $5.63B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, 200% higher than Nosh LLC's reported 1 employees, and received an average PPP loan of $23,676, 6% lower than this company's loan of $25,130.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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