PPP Loan Data — S And S Management Consulting LLC, Randolph, NJ
S And S Management Consulting LLC is a limited liability company (LLC) located in Randolph, New Jersey that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Bank of America, National Association
S And S Management Consulting LLC in Randolph, NJ received a Paycheck Protection Loan of $25,000 through Bank of America, 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 April, 2021.The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 1 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, S And S Management Consulting LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - S And S Management Consulting LLC in Randolph, NJ
* Full address is redacted to protect the privacy of individuals.
Other Management Consulting Services
NAICS code 541618
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Randolph
In the Randolph area, 10 businesses in the "Other Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $36,106 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Naas Enterprises LLC
Kurtz Consulting Group Inc
DNE Consulting, LLC
CKM Group Enterprises LLC
Roglenn Enterprises LLC
Industry PPP Comparison Statistics
Nationwide, 84,014 businesses in the "Other Management Consulting Services" industry received a total of $3.74B 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 4 employees, 300% higher than S And S Management Consulting LLC's reported 1 employees, and received an average PPP loan of $44,524, 78% higher than this company's loan of $25,000.
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Footnotes & Information
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