PPP Loan Data — Rest Assured Healthcare Services LLC, Woodbridge, VA
Rest Assured Healthcare Services LLC
Entity: Limited Liability Company (LLC)
Location: Woodbridge, VATweet This • Search All PPP Data
Rest Assured Healthcare Services LLC is a limited liability company (LLC) located at 17290 River Ridge Blvd Ste 101b in Woodbridge, Virginia that received a Coronavirus-related PPP loan from the SBA of $24,849.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:TD Bank, National Association
Rest Assured Healthcare Services LLC in Woodbridge, VA received a Paycheck Protection Loan of $24,849 through TD Bank, National Association, which was approved in May, 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, Rest Assured Healthcare Services LLC's 2019 payroll expenses are estimated to be at least $119,275.
Based on their reported 10 jobs retained, this equals an estimated average yearly compensation of $11,928 per employee1
Reported PPP Proceed Usage:
On the PPP application, Rest Assured Healthcare Services LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,849
Business Information - Rest Assured Healthcare Services LLC in Woodbridge, VA
17290 River Ridge Blvd Ste 101b
Woodbridge, VA 22191
Specialized Freight (except Used Goods) Trucking, Local
NAICS code 484220
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Woodbridge
In the Woodbridge area, 13 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 10) and received an average PPP loan of $24,658 (compared to this company's $24,849).
Similar Nearby Businesses Who Received PPP Funding:
Eyoel Trucking LLC Eyoel Trucking LLC
Shahzad Essa LLC
Safa Trucking LLC
Woodbridge Woven Fresh Inc
Industry PPP Comparison Statistics
Nationwide, 30,684 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a total of $2.03B 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, 40% lower than Rest Assured Healthcare Services LLC's reported 10 employees, and received an average PPP loan of $66,149, 166% higher than this company's loan of $24,849.
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Footnotes & Information
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