PPP Loan Data — Rollmo LLC DBA Signsby Tomorrow Image360, Alpharetta, GA
Rollmo LLC DBA Signsby Tomorrow Image360 is a limited liability company (LLC) located at 3710 Old Milton Pkwy Suite 108 in Alpharetta, Georgia that received a Coronavirus-related PPP loan from the SBA of $46,381.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Wells Fargo Bank, National Association
Rollmo LLC DBA Signsby Tomorrow Image360 in Alpharetta, GA received a Paycheck Protection Loan of $46,381 through Wells Fargo 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, Rollmo LLC DBA Signsby Tomorrow Image360's 2019 payroll expenses are estimated to be at least $222,629.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,526 per employee1
Reported PPP Proceed Usage:
On the PPP application, Rollmo LLC DBA Signsby Tomorrow Image360 reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,381
Business Information - Rollmo LLC DBA Signsby Tomorrow Image360 in Alpharetta, GA
3710 Old Milton Pkwy Suite 108
Alpharetta, GA 30005
NAICS code 339950
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Alpharetta
In the Alpharetta area, 11 businesses in the "Sign Manufacturing" industry received a PPP loan. These local businesses reported an average of 27 employees (compared to this company's 5) and received an average PPP loan of $355,274 (compared to this company's $46,381).
Similar Nearby Businesses Who Received PPP Funding:
Bone Safety Signs LLC
CIB International Inc
Alpharetta Sign Company
Manufacturing Resources Intern
Wolfe Design Co./ Atlanta, Inc
Summit Enterprises Inc
Sunbelt Displays, Inc
St James Place Partners LLC
Industry PPP Comparison Statistics
Nationwide, 9,571 businesses in the "Sign Manufacturing" industry received a total of $1.05B 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 11 employees, 120% higher than Rollmo LLC DBA Signsby Tomorrow Image360's reported 5 employees, and received an average PPP loan of $109,484, 136% higher than this company's loan of $46,381.
FederalPay's PPP Information Policy
Footnotes & Information
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