PPP Loan Data — SD Systems Inc, Columbia, MO
SD Systems Inc
Industry: Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Location: Columbia, MOTweet This • Search All PPP Data
SD Systems Inc is a corporation located at 7075 S Quantrills Pass in Columbia, Missouri that received a Coronavirus-related PPP loan from the SBA of $46,700.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Central Bank of Boone County
SD Systems Inc in Columbia, MO received a Paycheck Protection Loan of $46,700 through Central Bank of Boone County, 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 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, SD Systems Inc's 2019 payroll expenses are estimated to be at least $224,160.
Based on their reported 8 jobs retained, this equals an estimated average yearly compensation of $28,020 per employee1
Reported PPP Proceed Usage:
On the PPP application, SD Systems Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,700
Business Information - SD Systems Inc in Columbia, MO
7075 S Quantrills Pass
Columbia, MO 65203
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
NAICS code 334513
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 1,191 businesses in the "Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables" industry received a total of $393.1M 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 24 employees, 200% higher than SD Systems Inc's reported 8 employees, and received an average PPP loan of $330,058, 607% higher than this company's loan of $46,700.
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Footnotes & Information
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