PPP Loan Data — Robert Bigonette DBA None, Bridgeport, CT
Robert Bigonette DBA None is a sole proprietorship located at 2165 Boston Ave in Bridgeport, Connecticut that received a Coronavirus-related PPP loan from the SBA of $25,100.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:People's United Bank, National Association
Robert Bigonette DBA None in Bridgeport, CT received a Paycheck Protection Loan of $25,100 through People's United Bank, National Association, which was approved in April, 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, Robert Bigonette DBA None's 2019 payroll expenses are estimated to be at least $120,480.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,120 per employee1
Reported PPP Proceed Usage:
On the PPP application, Robert Bigonette DBA None reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,100
Business Information - Robert Bigonette DBA None in Bridgeport, CT
2165 Boston Ave
Bridgeport, CT 6610
Tax Preparation Services
NAICS code 541213
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Bridgeport
In the Bridgeport area, 9 businesses in the "Tax Preparation Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 4) and received an average PPP loan of $13,639 (compared to this company's $25,100).
Similar Nearby Businesses Who Received PPP Funding:
Prestige Proserve, LLC
Michael R Esposito CPA
JN Tax Services LLC
W Ford Agency Inc
Industry PPP Comparison Statistics
Nationwide, 50,853 businesses in the "Tax Preparation Services" industry received a total of $1.1B 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 3 employees, 25% lower than Robert Bigonette DBA None's reported 4 employees, and received an average PPP loan of $21,684, 14% lower than this company's loan of $25,100.
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Footnotes & Information
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