PPP Loan Data — Patrick V.leonguerrero, Tamuning, GU
Patrick V.leonguerrero is a sole proprietorship located at 583 N. Marine Corps Dr. P.o. Box 26172 Barrigada, Gu 96921 in Tamuning, that received a Coronavirus-related PPP loan from the SBA of $25,411.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least twelve people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of Guam
Patrick V.leonguerrero in Tamuning, GU received a Paycheck Protection Loan of $25,411 through Bank of Guam, 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, Patrick V.leonguerrero's 2019 payroll expenses are estimated to be at least $121,973.
Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $10,164 per employee1
Reported PPP Proceed Usage:
On the PPP application, Patrick V.leonguerrero reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,411
Business Information - Patrick V.leonguerrero in Tamuning, GU
583 N. Marine Corps Dr. P.o. Box 26172 Barrigada, Gu 96921
Tamuning, GU 96931
Automotive Glass Replacement Shops
NAICS code 811122
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 4,495 businesses in the "Automotive Glass Replacement Shops" industry received a total of $197.78M 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 5 employees, 58% lower than Patrick V.leonguerrero's reported 12 employees, and received an average PPP loan of $43,999, 73% higher than this company's loan of $25,411.
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Footnotes & Information
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