PPP Loan Data — Pro Glass & Quality Screens, Inc, Fresno, CA
Pro Glass & Quality Screens, Inc is a subchapter s corporation located at 7261 N Palm Bluffs Ave in Fresno, California that received a Coronavirus-related PPP loan from the SBA of $46,312.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
Pro Glass & Quality Screens, Inc in Fresno, CA received a Paycheck Protection Loan of $46,312 through JPMorgan Chase Bank, 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, Pro Glass & Quality Screens, Inc's 2019 payroll expenses are estimated to be at least $222,298.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,460 per employee1
Reported PPP Proceed Usage:
On the PPP application, Pro Glass & Quality Screens, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,312
Business Information - Pro Glass & Quality Screens, Inc in Fresno, CA
7261 N Palm Bluffs Ave
Fresno, CA 93711
Business Owner Demographics
Veteran Status: Unreported
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 Pro Glass & Quality Screens, Inc's reported 5 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $46,312.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!