PPP Loan Data — Roots And Branches, Boulder, CO
Roots And Branches
Entity: Subchapter S Corporation
Location: Boulder, COTweet This • Search All PPP Data
Roots And Branches is a subchapter s corporation located at 5485 Conestoga Ct Suite 104 in Boulder, Colorado that received a Coronavirus-related PPP loan from the SBA of $47,092.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Roots And Branches in Boulder, CO received a Paycheck Protection Loan of $47,092 through WebBank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in June, 2021.
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, Roots And Branches' 2019 payroll expenses are estimated to be at least $226,042.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $28,255 per employee1
Reported PPP Proceed Usage:
On the PPP application, Roots And Branches reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $47,092
Business Information - Roots And Branches in Boulder, CO
5485 Conestoga Ct Suite 104
Boulder, CO 80301
All Other Miscellaneous Ambulatory Health Care Services
NAICS code 621999
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Boulder
In the Boulder area, 12 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 8) and received an average PPP loan of $70,061 (compared to this company's $47,092).
Similar Nearby Businesses Who Received PPP Funding:
Aloha Wellness Associates
Take Two Health PC
Your Health Matters, LLC
Colorado Life And Health LLC
Moonlight Medicine LLC
Mujo Wellness LLC
Cassandra Katz Inc DBA Center For Dynamic Change
Industry PPP Comparison Statistics
Nationwide, 18,626 businesses in the "All Other Miscellaneous Ambulatory Health Care Services" industry received a total of $1.65B 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, 50% higher than Roots And Branches' reported 8 employees, and received an average PPP loan of $88,620, 88% higher than this company's loan of $47,092.
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Footnotes & Information
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