PPP Loan Data — Obrien's Fuel & Service LLC, York, PA
Obrien's Fuel & Service LLC is a limited liability company (LLC) located at 2105 Alpha Drive in York, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $46,740.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First National Bank of Pennsylvania
Obrien's Fuel & Service LLC in York, PA received a Paycheck Protection Loan of $46,740 through First National Bank of Pennsylvania, 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 April, 2021.
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, Obrien's Fuel & Service LLC's 2019 payroll expenses are estimated to be at least $224,352.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,870 per employee1
Reported PPP Proceed Usage:
On the PPP application, Obrien's Fuel & Service LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,740
Business Information - Obrien's Fuel & Service LLC in York, PA
2105 Alpha Drive
York, PA 17408
NAICS code 454310
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 3,807 businesses in the "Fuel Dealers" industry received a total of $619.95M 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 16 employees, 220% higher than Obrien's Fuel & Service LLC's reported 5 employees, and received an average PPP loan of $162,846, 248% higher than this company's loan of $46,740.
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Footnotes & Information
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