PPP Loan Data — Roy Biesecker, Waynesboro, PA
Roy Biesecker is a sole proprietorship located at 8410 Wayne Hwy in Waynesboro, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $67,295.00 in August, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Roy Biesecker in Waynesboro, PA received a Paycheck Protection Loan of $67,295 through AgChoice ACA, which was approved in August, 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, Roy Biesecker's 2019 payroll expenses are estimated to be at least $323,016.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $46,145 per employee1
Reported PPP Proceed Usage:
On the PPP application, Roy Biesecker reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $67,295
Business Information - Roy Biesecker in Waynesboro, PA
8410 Wayne Hwy
Waynesboro, PA 17268
Dairy Cattle and Milk Production
NAICS code 112120
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Waynesboro
In the Waynesboro area, 11 businesses in the "Dairy Cattle and Milk Production" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 7) and received an average PPP loan of $33,244 (compared to this company's $67,295).
Similar Nearby Businesses Who Received PPP Funding:
Middour Farms LLC
Pigeon Cove Farms LLP
Industry PPP Comparison Statistics
Nationwide, 24,315 businesses in the "Dairy Cattle and Milk Production" industry received a total of $1.23B 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 6 employees, 14% lower than Roy Biesecker's reported 7 employees, and received an average PPP loan of $50,558, 25% lower than this company's loan of $67,295.
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Footnotes & Information
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