PPP Loan Data — Signature K9 Training Academy LLC, Georgetown, TX
Signature K9 Training Academy LLC is a limited liability company (LLC) located at 108 Twin Creekview Ln in Georgetown, Texas that received a Coronavirus-related PPP loan from the SBA of $25,215.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
Signature K9 Training Academy LLC in Georgetown, TX received a Paycheck Protection Loan of $25,215 through JPMorgan Chase Bank, National Association, which was approved in May, 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, Signature K9 Training Academy LLC's 2019 payroll expenses are estimated to be at least $121,032.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,344 per employee1
Reported PPP Proceed Usage:
On the PPP application, Signature K9 Training Academy LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,086
- Utilities: $12,794
- Rent: $2,335
Business Information - Signature K9 Training Academy LLC in Georgetown, TX
108 Twin Creekview Ln
Georgetown, TX 78626
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 0 employees, 100% lower than Signature K9 Training Academy LLC's reported 3 employees, and received an average PPP loan of $0, 100% lower than this company's loan of $25,215.
FederalPay's PPP Information Policy
Footnotes & Information
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