PPP Loan Data — Samek Dairy, LLC, Bolivar, MO
Samek Dairy, LLC is a limited liability company (LLC) located at 1109 E 473rd Rd in Bolivar, Missouri that received a Coronavirus-related PPP loan from the SBA of $46,515.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Samek Dairy, LLC in Bolivar, MO received a Paycheck Protection Loan of $46,515 through Mid-Missouri Bank, which was approved in April, 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, Samek Dairy, LLC's 2019 payroll expenses are estimated to be at least $223,272.
Based on their reported 13 jobs retained, this equals an estimated average yearly compensation of $17,175 per employee1
Reported PPP Proceed Usage:
On the PPP application, Samek Dairy, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $42,515
- Utilities: $4,000
Business Information - Samek Dairy, LLC in Bolivar, MO
1109 E 473rd Rd
Bolivar, MO 65613
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 Bolivar
In the Bolivar area, 8 businesses in the "Dairy Cattle and Milk Production" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 13) and received an average PPP loan of $21,567 (compared to this company's $46,515).
Similar Nearby Businesses Who Received PPP Funding:
J & S Farm Enterprises
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, 54% lower than Samek Dairy, LLC's reported 13 employees, and received an average PPP loan of $50,558, 9% higher than this company's loan of $46,515.
FederalPay's PPP Information Policy
Footnotes & Information
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