PPP Loan Data — Nuclear Energy Consultants, Inc, Rockville, MD
Nuclear Energy Consultants, Inc is a corporation located at 15713 Crabbs Branch Way in Rockville, Maryland that received a Coronavirus-related PPP loan from the SBA of $47,130.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least nine people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Celtic Bank Corporation
Nuclear Energy Consultants, Inc in Rockville, MD received a Paycheck Protection Loan of $47,130 through Celtic Bank Corporation, which was approved in April, 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, Nuclear Energy Consultants, Inc's 2019 payroll expenses are estimated to be at least $226,224.
Based on their reported 9 jobs retained, this equals an estimated average yearly compensation of $25,136 per employee1
Reported PPP Proceed Usage:
On the PPP application, Nuclear Energy Consultants, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $35,348
- Utilities: $5,891
- Rent: $5,891
Business Information - Nuclear Energy Consultants, Inc in Rockville, MD
15713 Crabbs Branch Way
Rockville, MD 20855
All Other Personal Services
NAICS code 812990
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Rockville
In the Rockville area, 54 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 9) and received an average PPP loan of $18,861 (compared to this company's $47,130).
Similar Nearby Businesses Who Received PPP Funding:
Sarah Kazemburg Events & Styling LLC
Martine 1, Inc
Mill Creek Parish United Methodist Church
Lisa S Thompson
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, 67% lower than Nuclear Energy Consultants, Inc's reported 9 employees, and received an average PPP loan of $23,676, 50% lower than this company's loan of $47,130.
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Footnotes & Information
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