PPP Loan Data — Pramukh Swaroop, LLC, Dacula, GA
Pramukh Swaroop, LLC is a limited liability company (LLC) located at 475 Dacula Rd #c in Dacula, Georgia that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in April, 2020. This business is a Marco's Pizza franchise.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Pramukh Swaroop, LLC in Dacula, GA received a Paycheck Protection Loan of $25,400 through Ameris 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 February, 2021.
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, Pramukh Swaroop, LLC's 2019 payroll expenses are estimated to be at least $121,920.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $15,240 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pramukh Swaroop, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,400
Business Information - Pramukh Swaroop, LLC in Dacula, GA
475 Dacula Rd #c
Dacula, GA 30019
NAICS code 999990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dacula
In the Dacula area, 19 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 8) and received an average PPP loan of $22,681 (compared to this company's $25,400).
Similar Nearby Businesses Who Received PPP Funding:
PSI South Inc
Trinh Vu, LLC
Bob Sheldon Inc
Rahnama Enterprise Inc
Industry PPP Comparison Statistics
Nationwide, 85,647 businesses in the "Unclassified Establishments" industry received a total of $3.67B 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 10 employees, 25% higher than Pramukh Swaroop, LLC's reported 8 employees, and received an average PPP loan of $42,878, 69% higher than this company's loan of $25,400.
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Footnotes & Information
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