PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Roman Enterprises Corporation, San Juan, PR

ALERT: There are 2 PPP loans for a total of $50,800 in our database for businesses with the name "Roman Enterprises Corporation" in San Juan, PR. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Roman Enterprises Corporation
PR

Roman Enterprises Corporation

Entity: Corporation

Industry: All Other Support Services

Location: San Juan, PR

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Roman Enterprises Corporation is a corporation located at 1521 Calle Lopez Landron Ste 200 in San Juan, Puerto Rico that received a Coronavirus-related PPP loan from the SBA of $25,700.00 in March, 2021.

The company has reported itself as a White female owned business, and employed at least two people during the applicable loan loan period.

$ PPP Loan Information
Loan #1287068706

Loan Size:

$25,700

Jobs Retained:

2

Loan Approved:

2021-03-27

Loan Status:

Ongoing Loan

Lender:

Banco Popular de Puerto Rico

Roman Enterprises Corporation in San Juan, PR received a Paycheck Protection Loan of $25,700 through Banco Popular de Puerto Rico, which was approved in March, 2021.

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

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Roman Enterprises Corporation's 2019 payroll expenses are estimated to be at least $123,360.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $61,680 per employee1

Reported PPP Proceed Usage:

On the PPP application, Roman Enterprises Corporation reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $25,697
  • Utilities: $1

Business Information - Roman Enterprises Corporation in San Juan, PR

Roman Enterprises Corporation
1521 Calle Lopez Landron Ste 200
San Juan, PR 911

Business Industry:
All Other Support Services
NAICS code 561990

Business Owner Demographics

Race: White

Ethnicity: Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

San Juan County, PR — SBA Office 0252 — Congressional District: PR-

Similar Companies near San Juan

In the San Juan area, 6 businesses in the "All Other Support Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 2) and received an average PPP loan of $16,641 (compared to this company's $25,700).

Industry PPP Comparison Statistics

Nationwide, 33,705 businesses in the "All Other Support Services" industry received a total of $1.71B 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 7 employees, 250% higher than Roman Enterprises Corporation's reported 2 employees, and received an average PPP loan of $50,635, 97% higher than this company's loan of $25,700.

SBA PPP loan data, payroll data, and salaries for Roman Enterprises Corporation
PR

Roman Enterprises Corporation

Entity: Corporation

Industry: Other Chemical and Allied Products Merchant Wholesalers

Location: San Juan, PR

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Roman Enterprises Corporation is a corporation located at Suite 200 1521 Lopez Landron in San Juan, Puerto Rico that received a Coronavirus-related PPP loan from the SBA of $25,100.00 in April, 2020.

The company has reported itself as a White female owned business, and employed at least three people during the applicable loan loan period.

$ PPP Loan Information
Loan #3380307300

Loan Size:

$25,100

Jobs Retained:

3

Loan Approved:

2020-04-29

Loan Status:

Ongoing Loan

Lender:

Banco Popular de Puerto Rico

Roman Enterprises Corporation in San Juan, PR received a Paycheck Protection Loan of $25,100 through Banco Popular de Puerto Rico, which was approved in April, 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

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Roman Enterprises Corporation's 2019 payroll expenses are estimated to be at least $120,480.

Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,160 per employee1

Reported PPP Proceed Usage:

On the PPP application, Roman Enterprises Corporation reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $25,100

Business Information - Roman Enterprises Corporation in San Juan, PR

Roman Enterprises Corporation
Suite 200 1521 Lopez Landron
San Juan, PR 911

Business Industry:
Other Chemical and Allied Products Merchant Wholesalers
NAICS code 424690

Business Owner Demographics

Race: White

Ethnicity: Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

San Juan County, PR — SBA Office 0252 — Congressional District: PR-

Similar Companies near San Juan

In the San Juan area, 4 businesses in the "Other Chemical and Allied Products Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 3) and received an average PPP loan of $15,897 (compared to this company's $25,100).

Industry PPP Comparison Statistics

Nationwide, 3,270 businesses in the "Other Chemical and Allied Products Merchant Wholesalers" industry received a total of $509.15M 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 12 employees, 300% higher than Roman Enterprises Corporation's reported 3 employees, and received an average PPP loan of $155,704, 520% higher than this company's loan of $25,100.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/roman-enterprises-corporation-san-juan-pr