PPP Loan Data — Paperboy Delivery LLC, Las Vegas, NV
Paperboy Delivery LLC is a subchapter s corporation located at 6543 Las Vegas Blvd S #200 in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in May, 2020. This business is a Motto Mortgage franchise.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Zions Bank, A Division of
Paperboy Delivery LLC in Las Vegas, NV received a Paycheck Protection Loan of $25,400 through Zions Bank, A Division of, which was approved in May, 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 June, 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, Paperboy Delivery LLC's 2019 payroll expenses are estimated to be at least $121,920.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,640 per employee1
Reported PPP Proceed Usage:
On the PPP application, Paperboy Delivery LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,400
Business Information - Paperboy Delivery LLC in Las Vegas, NV
6543 Las Vegas Blvd S #200
Las Vegas, NV 89119
Real Estate Credit
NAICS code 522292
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Las Vegas
In the Las Vegas area, 2 businesses in the "Real Estate Credit" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 3) and received an average PPP loan of $29,449 (compared to this company's $25,400).
Similar Nearby Businesses Who Received PPP Funding:
City View Group LLC
Las Vegas, NV
Industry PPP Comparison Statistics
Nationwide, 3,832 businesses in the "Real Estate Credit" industry received a total of $627.92M 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 12 employees, 300% higher than Paperboy Delivery LLC's reported 3 employees, and received an average PPP loan of $163,863, 545% higher than this company's loan of $25,400.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!