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PPP Loan Data — SJV Management LLC,
Mount Laurel, NJ
SJV Management LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Physicians (except Mental Health Specialists)
Location: Mount Laurel, NJ
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SJV Management LLC is a limited liability company (LLC) located at 200 Century Pkwy in Mount Laurel, New Jersey that received a Coronavirus-related PPP loan from the SBA of $156,075.00 in March, 2021.
$
PPP Loan Information
Loan #2061218705
Loan Size:
Jobs Retained:
18Loan Approved:
2021-03-28Loan Status:
Ongoing LoanLender:
Loan Source IncorporatedSJV Management LLC in Mount Laurel, NJ received a Paycheck Protection Loan of $156,075 through Loan Source Incorporated, which was approved in March, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, SJV Management LLC's 2019 payroll expenses are estimated to be at least $749,160.
Based on their reported 18 jobs retained, this equals an estimated average yearly compensation of $41,620 per employee1
Reported PPP Proceed Usage:
On the PPP application, SJV Management LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $156,073
Business Information - SJV Management LLC in Mount Laurel, NJ
200 Century Pkwy
Mount Laurel, NJ 8054
Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Mount Laurel
In the Mount Laurel area, 117 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 18) and received an average PPP loan of $242,060 (compared to this company's $156,075).
Similar Nearby Businesses Who Received PPP Funding:
Kirshner Spine Institute LLC
Marlton, NJ
Carolyn Cutney MD LLC
Marlton, NJ
Burlington County Orthopaedic Specialists, PA
Mt Laurel, NJ
A. Caravello DO, Inc
Medford, NJ
The Spine Institute Of Southern NJ
Marlton, NJ
The Allergy & Clinical Immunology Center
Marlton, NJ
Continuum Health Alliance LLC
Marlton, NJ
Allergy And Asthma Specialty Physicians LLC
Mount Laurel, NJ
Cadoro Pediatrics, LLC
Marlton, NJ
Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 39% lower than SJV Management LLC's reported 18 employees, and received an average PPP loan of $119,087, 24% lower than this company's loan of $156,075.
SJV Management LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Physicians (except Mental Health Specialists)
Location: Mount Laurel, NJ
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•
Search All PPP Data
SJV Management LLC is a limited liability company (LLC) located at 200 Century Pkwy Suite E in Mount Laurel, New Jersey that received a Coronavirus-related PPP loan from the SBA of $290,170.00 in April, 2020.
$
PPP Loan Information
Loan #5435087009
Loan Size:
Jobs Retained:
18Loan Approved:
2020-04-05Loan Status:
Ongoing LoanLender:
Loan Source IncorporatedSJV Management LLC in Mount Laurel, NJ received a Paycheck Protection Loan of $290,170 through Loan Source Incorporated, which was approved in April, 2020.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased 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, SJV Management LLC's 2019 payroll expenses are estimated to be at least $1.39M.
Based on their reported 18 jobs retained, this equals an estimated average yearly compensation of $77,379 per employee1
Reported PPP Proceed Usage:
On the PPP application, SJV Management LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $290,170
Business Information - SJV Management LLC in Mount Laurel, NJ
200 Century Pkwy Suite E
Mount Laurel, NJ 8054
Business Industry:
Offices of Physicians (except Mental Health Specialists)
NAICS code 621111
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age:
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Mount Laurel
In the Mount Laurel area, 117 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 18) and received an average PPP loan of $242,060 (compared to this company's $290,170).
Similar Nearby Businesses Who Received PPP Funding:
Kirshner Spine Institute LLC
Marlton, NJ
Carolyn Cutney MD LLC
Marlton, NJ
Burlington County Orthopaedic Specialists, PA
Mt Laurel, NJ
A. Caravello DO, Inc
Medford, NJ
The Spine Institute Of Southern NJ
Marlton, NJ
The Allergy & Clinical Immunology Center
Marlton, NJ
Continuum Health Alliance LLC
Marlton, NJ
Allergy And Asthma Specialty Physicians LLC
Mount Laurel, NJ
Cadoro Pediatrics, LLC
Marlton, NJ
Industry PPP Comparison Statistics
Nationwide, 176,926 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $21.07B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 39% lower than SJV Management LLC's reported 18 employees, and received an average PPP loan of $119,087, 59% lower than this company's loan of $290,170.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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