PPP Loan Data — PM Solutions Consulting LLC, Las Vegas, NV
PM Solutions Consulting LLC is a limited liability company (LLC) located at 4705 S. Durango Dr. Ste 100-108 in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $25,500.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Zions Bank, A Division of
PM Solutions Consulting LLC in Las Vegas, NV received a Paycheck Protection Loan of $25,500 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 October, 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, PM Solutions Consulting LLC's 2019 payroll expenses are estimated to be at least $122,400.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,600 per employee1
Reported PPP Proceed Usage:
On the PPP application, PM Solutions Consulting LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,500
Business Information - PM Solutions Consulting LLC in Las Vegas, NV
4705 S. Durango Dr. Ste 100-108
Las Vegas, NV 89147
NAICS code 611420
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 2,168 businesses in the "Computer Training" industry received a total of $150.82M 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, 50% higher than PM Solutions Consulting LLC's reported 4 employees, and received an average PPP loan of $69,568, 173% higher than this company's loan of $25,500.
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Footnotes & Information
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