PPP Loan Data — Parr Trucking LLC, Roseland, NE
Parr Trucking LLC
Entity: Limited Liability Company (LLC)
Location: Roseland, NETweet This • Search All PPP Data
Parr Trucking LLC is a limited liability company (LLC) located at 14280 W. Saddlehorn Rd in Roseland, Nebraska that received a Coronavirus-related PPP loan from the SBA of $25,450.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Parr Trucking LLC in Roseland, NE received a Paycheck Protection Loan of $25,450 through Cornerstone Bank, 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 December, 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, Parr Trucking LLC's 2019 payroll expenses are estimated to be at least $122,160.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,720 per employee1
Reported PPP Proceed Usage:
On the PPP application, Parr Trucking LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,450
Business Information - Parr Trucking LLC in Roseland, NE
14280 W. Saddlehorn Rd
Roseland, NE 68973
Specialized Freight (except Used Goods) Trucking, Local
NAICS code 484220
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Roseland
In the Roseland area, 2 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 3) and received an average PPP loan of $15,850 (compared to this company's $25,450).
Similar Nearby Businesses Who Received PPP Funding:
E & S Trucking, LLC
Industry PPP Comparison Statistics
Nationwide, 30,684 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a total of $2.03B 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 6 employees, 100% higher than Parr Trucking LLC's reported 3 employees, and received an average PPP loan of $66,149, 160% higher than this company's loan of $25,450.
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Footnotes & Information
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