PPP Loan Data — P-Value Communications LLC, Cedar Knolls, NJ
P-Value Communications LLC is a limited liability company (LLC) located at 240 Cedar Knolls Rd Suite 200 in Cedar Knolls, New Jersey that received a Coronavirus-related PPP loan from the SBA of $1,630,080.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:TD Bank, National Association
P-Value Communications LLC in Cedar Knolls, NJ received a Paycheck Protection Loan of $1.63M through TD Bank, National Association, 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, P-Value Communications LLC's 2019 payroll expenses are estimated to be at least $7.82M.
Based on their reported 87 jobs retained, this equals an estimated average yearly compensation of $89,935 per employee1
Reported PPP Proceed Usage:
On the PPP application, P-Value Communications LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,630,080
Business Information - P-Value Communications LLC in Cedar Knolls, NJ
240 Cedar Knolls Rd Suite 200
Cedar Knolls, NJ 7927
Marketing Consulting Services
NAICS code 541613
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Cedar Knolls
In the Cedar Knolls area, 10 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 87) and received an average PPP loan of $230,287 (compared to this company's $1.63M).
Similar Nearby Businesses Who Received PPP Funding:
J. Jireh Enterprises
Cedar Knolls, NJ
Koenig And Associates LLC
Jetta Partners LLC
Evolution Road, LLC
Teamstream Productions LLC
MNT Marketing LLC
Julia Mcveigh Inc
Social For The Soul LLC
Cedar Knolls, NJ
Industry PPP Comparison Statistics
Nationwide, 86,997 businesses in the "Marketing Consulting Services" industry received a total of $3.45B 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 3 employees, 97% lower than P-Value Communications LLC's reported 87 employees, and received an average PPP loan of $39,652, 98% lower than this company's loan of $1.63M.
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Footnotes & Information
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