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

PPP Loan Data — Rowley Style Inc, Mammoth Lakes, CA

ALERT: There are 2 PPP loans for a total of $47,565 in our database for businesses with the name "Rowley Style Inc" in Mammoth Lakes, CA. 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 Rowley Style Inc
CA

Rowley Style Inc

Entity: Corporation

Industry: All Other Miscellaneous Store Retailers (except Tobacco Stores)

Location: Mammoth Lakes, CA

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Rowley Style Inc is a corporation located at 501 Old Mammoth Rd Unit 2 in Mammoth Lakes, California that received a Coronavirus-related PPP loan from the SBA of $19,000.00 in February, 2021.

$ PPP Loan Information
Loan #7003568405

Loan Size:

$19,000

Jobs Retained:

5

Loan Approved:

2021-02-11

Loan Status:

Paid in Full or Forgiven

Lender:

MUFG Union Bank, National Association

Rowley Style Inc in Mammoth Lakes, CA received a Paycheck Protection Loan of $19,000 through MUFG Union Bank, National Association, which was approved in February, 2021.

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 September, 2021.

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, Rowley Style Inc's 2019 payroll expenses are estimated to be at least $91,200.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $18,240 per employee1

Reported PPP Proceed Usage:

On the PPP application, Rowley Style Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $18,998
  • Utilities: $1

Business Information - Rowley Style Inc in Mammoth Lakes, CA

Rowley Style Inc
501 Old Mammoth Rd Unit 2
Mammoth Lakes, CA 93546

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Mono County, CA — SBA Office 0942 — Congressional District: CA-08

Similar Companies near Mammoth Lakes

In the Mammoth Lakes area, 16 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 5) and received an average PPP loan of $59,227 (compared to this company's $19,000).

Industry PPP Comparison Statistics

Nationwide, 146,534 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $5.11B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 4 employees, 20% lower than Rowley Style Inc's reported 5 employees, and received an average PPP loan of $34,905, 84% higher than this company's loan of $19,000.

SBA PPP loan data, payroll data, and salaries for Rowley Style, Inc
CA

Rowley Style, Inc

Entity: Corporation

Industry: Clothing Accessories Stores

Location: Mammoth Lakes, CA

Search All PPP Data

Rowley Style, Inc is a corporation located at 501 Old Mammoth Road # 2 in Mammoth Lakes, California that received a Coronavirus-related PPP loan from the SBA of $28,565.00 in April, 2020.

$ PPP Loan Information
Loan #2530547304

Loan Size:

$28,565

Jobs Retained:

8

Loan Approved:

2020-04-29

Loan Status:

Paid in Full or Forgiven

Lender:

MUFG Union Bank, National Association

Rowley Style, Inc in Mammoth Lakes, CA received a Paycheck Protection Loan of $28,565 through MUFG Union Bank, National Association, 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 August, 2021.

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, Rowley Style, Inc's 2019 payroll expenses are estimated to be at least $137,112.

Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $17,139 per employee1

Reported PPP Proceed Usage:

On the PPP application, Rowley Style, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $28,565

Business Information - Rowley Style, Inc in Mammoth Lakes, CA

Rowley Style, Inc
501 Old Mammoth Road # 2
Mammoth Lakes, CA 93546

Business Industry:
Clothing Accessories Stores
NAICS code 448150

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Mono County, CA — SBA Office 0942 — Congressional District: CA-08

Similar Companies near Mammoth Lakes

In the Mammoth Lakes area, 3 businesses in the "Clothing Accessories Stores" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 8) and received an average PPP loan of $45,471 (compared to this company's $28,565).

Similar Nearby Businesses Who Received PPP Funding:

Mammoth Shirt Company LLC
Mammoth Lakes, CA

$42,158 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 19,434 businesses in the "Clothing Accessories Stores" industry received a total of $505.13M 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, 63% lower than Rowley Style, Inc's reported 8 employees, and received an average PPP loan of $25,992, 9% lower than this company's loan of $28,565.

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/rowley-style-inc-mammoth-lakes-ca