PPP Loan Data — Service Excellence Coaching LLC, Ellijay, GA
Service Excellence Coaching LLC
Entity: Subchapter S Corporation
Location: Ellijay, GATweet This • Search All PPP Data
Service Excellence Coaching LLC is a subchapter s corporation located at 96 Craig Street Ste 112-248 Ste 112-248 in Ellijay, Georgia that received a Coronavirus-related PPP loan from the SBA of $46,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Service Excellence Coaching LLC in Ellijay, GA received a Paycheck Protection Loan of $46,000 through Bank OZK, 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 May, 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, Service Excellence Coaching LLC's 2019 payroll expenses are estimated to be at least $220,800.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $73,600 per employee1
Reported PPP Proceed Usage:
On the PPP application, Service Excellence Coaching LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,000
Business Information - Service Excellence Coaching LLC in Ellijay, GA
96 Craig Street Ste 112-248 Ste 112-248
Ellijay, GA 30540
All Other Professional, Scientific, and Technical Services
NAICS code 541990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Ellijay
In the Ellijay area, 4 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 3) and received an average PPP loan of $20,421 (compared to this company's $46,000).
Similar Nearby Businesses Who Received PPP Funding:
D.r. Hube, LLC
Garland Environmental & Geological Solutions, LLC
4C Business Coaching, LLC
Industry PPP Comparison Statistics
Nationwide, 129,763 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.41B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 67% higher than Service Excellence Coaching LLC's reported 3 employees, and received an average PPP loan of $57,091, 24% higher than this company's loan of $46,000.
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Footnotes & Information
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