PPP Loan Data — On My Agenda LLC, Arlington, VA
On My Agenda LLC is a subchapter s corporation located at 20 N Jackson St in Arlington, Virginia that received a Coronavirus-related PPP loan from the SBA of $25,132.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
On My Agenda LLC in Arlington, VA received a Paycheck Protection Loan of $25,132 through WebBank, 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, On My Agenda LLC's 2019 payroll expenses are estimated to be at least $120,634.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,211 per employee1
Reported PPP Proceed Usage:
On the PPP application, On My Agenda LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,132
Business Information - On My Agenda LLC in Arlington, VA
20 N Jackson St
Arlington, VA 22201
Graphic Design Services
NAICS code 541430
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Arlington
In the Arlington area, 5 businesses in the "Graphic Design Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 3) and received an average PPP loan of $53,413 (compared to this company's $25,132).
Similar Nearby Businesses Who Received PPP Funding:
Beth Singer Design LLC
Industry PPP Comparison Statistics
Nationwide, 41,018 businesses in the "Graphic Design Services" industry received a total of $1.08B 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 2 employees, 33% lower than On My Agenda LLC's reported 3 employees, and received an average PPP loan of $26,275, 5% higher than this company's loan of $25,132.
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