PPP Loan Data — Shanon's Pampered Companions Pet Grooming, Fresno, CA
Shanon's Pampered Companions Pet Grooming
Entity: Sole Proprietorship
Location: Fresno, CATweet This • Search All PPP Data
Shanon's Pampered Companions Pet Grooming is a sole proprietorship located at 60 East Herndon Avenue in Fresno, California that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Shanon's Pampered Companions Pet Grooming in Fresno, CA received a Paycheck Protection Loan of $25,000 through Customers 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, Shanon's Pampered Companions Pet Grooming's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Shanon's Pampered Companions Pet Grooming reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Shanon's Pampered Companions Pet Grooming in Fresno, CA
60 East Herndon Avenue
Fresno, CA 93720
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
Business Owner Demographics
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Fresno
In the Fresno area, 26 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 5) and received an average PPP loan of $40,376 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Fiesta Kits USA, LLC
Samra & Malhi, Inc
Kay Kringles Christmas Trees
Proctor's Jewelers Fresno Inc
Alexander Pritsky DMD Inc
Appleby Imaging, Inc
PUM Bum Inc
Industry PPP Comparison Statistics
Nationwide, 152,436 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $5.23B 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 4 employees, 20% lower than Shanon's Pampered Companions Pet Grooming's reported 5 employees, and received an average PPP loan of $34,329, 37% higher than this company's loan of $25,000.
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