PPP Loan Data — Security Door Gate And Fence LLC, Scottsdale, AZ
Security Door Gate And Fence LLC is a limited liability company (LLC) located at 6424 E Greenway Pkwy Ste 100 in Scottsdale, Arizona that received a Coronavirus-related PPP loan from the SBA of $24,900.00 in January, 2021.
PPP Loan Information
Loan Status:Ongoing Loan
Security Door Gate And Fence LLC in Scottsdale, AZ received a Paycheck Protection Loan of $24,900 through Legacy Bank, which was approved in January, 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, Security Door Gate And Fence LLC's 2019 payroll expenses are estimated to be at least $119,520.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $29,880 per employee1
Reported PPP Proceed Usage:
On the PPP application, Security Door Gate And Fence LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,899
Business Information - Security Door Gate And Fence LLC in Scottsdale, AZ
6424 E Greenway Pkwy Ste 100
Scottsdale, AZ 85254
All Other Specialty Trade Contractors
NAICS code 238990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Scottsdale
In the Scottsdale area, 23 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 4) and received an average PPP loan of $54,476 (compared to this company's $24,900).
Similar Nearby Businesses Who Received PPP Funding:
Sonoran Pavers Inc
Empire Shotcrete Inc
Five Star Property Services LLC
IDG Innovative Development Group, LLC
Michael James Corporation DBA Phoenician Pool Construction
Pure Air Service LLC
Highlands Electric And Data LLC
PJ Lane Contracting Inc
Industry PPP Comparison Statistics
Nationwide, 93,400 businesses in the "All Other Specialty Trade Contractors" industry received a total of $8.04B 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 8 employees, 100% higher than Security Door Gate And Fence LLC's reported 4 employees, and received an average PPP loan of $86,076, 246% higher than this company's loan of $24,900.
FederalPay's PPP Information Policy
Footnotes & Information
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