PPP Loan Data — Sarah S. Miller Financial Services, Denver, CO
Sarah S. Miller Financial Services
Entity: Sole Proprietorship
Location: Denver, COTweet This • Search All PPP Data
Sarah S. Miller Financial Services is a sole proprietorship located at 707 17th St Suite 3700 in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $25,237.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Sarah S. Miller Financial Services in Denver, CO received a Paycheck Protection Loan of $25,237 through Kirkpatrick Bank, 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 April, 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, Sarah S. Miller Financial Services' 2019 payroll expenses are estimated to be at least $121,138.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,379 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sarah S. Miller Financial Services reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,237
Business Information - Sarah S. Miller Financial Services in Denver, CO
707 17th St Suite 3700
Denver, CO 80202
Administrative Management and General Management Consulting Services
NAICS code 541611
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Denver
In the Denver area, 69 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 3) and received an average PPP loan of $108,040 (compared to this company's $25,237).
Similar Nearby Businesses Who Received PPP Funding:
Ponderosa Advisors, LLC
CEM Enterprises Inc
Challenger Finance, Inc
Colombo Consulting And Associates
Veritas Hhs LLC
Kansas Child Support Services LLC
Environmental Resource Specialists Inc
Precision Management LLC
Industry PPP Comparison Statistics
Nationwide, 94,773 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.51B 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 5 employees, 67% higher than Sarah S. Miller Financial Services' reported 3 employees, and received an average PPP loan of $58,139, 130% higher than this company's loan of $25,237.
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