PPP Loan Data — Pashard LLC, Las Vegas, NV
Pashard LLC is a limited liability company (LLC) located at 333 Whispering Tree Ave in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $24,867.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least eleven people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
Pashard LLC in Las Vegas, NV received a Paycheck Protection Loan of $24,867 through Bank of America, National Association, which was approved in May, 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, Pashard LLC's 2019 payroll expenses are estimated to be at least $119,362.
Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $10,851 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pashard LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,867
Business Information - Pashard LLC in Las Vegas, NV
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 0 employees, 100% lower than Pashard LLC's reported 11 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $24,867.
FederalPay's PPP Information Policy
Footnotes & Information
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