PPP Loan Data — Perfect Delivery, Inc, Greenville, SC
Perfect Delivery, Inc is a corporation located at 401 Vardry St in Greenville, South Carolina that received a Coronavirus-related PPP loan from the SBA of $2,019,979.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Truist Bank d/b/a Branch Banking & Trust Co
Perfect Delivery, Inc in Greenville, SC received a Paycheck Protection Loan of $2.02M through Truist Bank d/b/a Branch Banking & Trust Co, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
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, Perfect Delivery, Inc's 2019 payroll expenses are estimated to be at least $9.7M.
Based on their reported 158 jobs retained, this equals an estimated average yearly compensation of $61,366 per employee1
Reported PPP Proceed Usage:
On the PPP application, Perfect Delivery, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,019,979
Business Information - Perfect Delivery, Inc in Greenville, SC
401 Vardry St
Greenville, SC 29601
NAICS code 722513
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Greenville
In the Greenville area, 33 businesses in the "Limited-Service Restaurants" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 158) and received an average PPP loan of $129,908 (compared to this company's $2.02M).
Similar Nearby Businesses Who Received PPP Funding:
Mikes Cheesesteaks & Roast Pork
JM Easley Inc
Snack Works LLC
Lemongrass Tea Company, Inc
Creme Shack LLC
Greenville Pool Club
JM Batesville Inc
Gladiator Pizza LLC
ACG Business Holdings LLC
Industry PPP Comparison Statistics
Nationwide, 137,629 businesses in the "Limited-Service Restaurants" industry received a total of $13.9B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 21 employees, 87% lower than Perfect Delivery, Inc's reported 158 employees, and received an average PPP loan of $100,980, 95% lower than this company's loan of $2.02M.
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Footnotes & Information
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