PPP Loan Data — Rwsja LLC, Colleyville, TX
Rwsja LLC is a limited liability company (LLC) located at 4843 Colleyville Blvd Ste 251-310 in Colleyville, Texas that received a Coronavirus-related PPP loan from the SBA of $24,954.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Wells Fargo Bank, National Association
Rwsja LLC in Colleyville, TX received a Paycheck Protection Loan of $24,954 through Wells Fargo Bank, National Association, which was approved in May, 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 February, 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, Rwsja LLC's 2019 payroll expenses are estimated to be at least $119,779.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $19,963 per employee1
Reported PPP Proceed Usage:
On the PPP application, Rwsja LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,954
Business Information - Rwsja LLC in Colleyville, TX
4843 Colleyville Blvd Ste 251-310
Colleyville, TX 76034
NAICS code 999990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Colleyville
In the Colleyville area, 39 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 6) and received an average PPP loan of $29,503 (compared to this company's $24,954).
Similar Nearby Businesses Who Received PPP Funding:
Lydia H Wong CPA Inc
Dipali Hospitality LLC
Spruced Creative, LLC
Kmac Group, Inc
Champions Pumping, LLC
Michael A. Hall, LLC
JIN Lin Dentistry, PLLC
Industry PPP Comparison Statistics
Nationwide, 85,647 businesses in the "Unclassified Establishments" industry received a total of $3.67B 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 10 employees, 67% higher than Rwsja LLC's reported 6 employees, and received an average PPP loan of $42,878, 72% higher than this company's loan of $24,954.
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Footnotes & Information
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