PPP Loan Data — Slania Enterprises, Inc, Durham, NH
Slania Enterprises, Inc is a corporation located at 12 Jenkins Ct in Durham, New Hampshire that received a Coronavirus-related PPP loan from the SBA of $24,828.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:People's United Bank, National Association
Slania Enterprises, Inc in Durham, NH received a Paycheck Protection Loan of $24,828 through People's United Bank, National Association, 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 April, 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, Slania Enterprises, Inc's 2019 payroll expenses are estimated to be at least $119,174.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $39,725 per employee1
Reported PPP Proceed Usage:
On the PPP application, Slania Enterprises, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,828
Business Information - Slania Enterprises, Inc in Durham, NH
12 Jenkins Ct
Durham, NH 3824
Lessors of Residential Buildings and Dwellings
NAICS code 531110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Durham
In the Durham area, 6 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $18,910 (compared to this company's $24,828).
Similar Nearby Businesses Who Received PPP Funding:
Slattery & Dumont LLC
Slania Enterprises Incc/O Lynne C Christ
Barrington Shores LLC
Pendexter Property Management, LLC
Sterling Realty LLC
Industry PPP Comparison Statistics
Nationwide, 28,867 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $2.03B 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, 167% higher than Slania Enterprises, Inc's reported 3 employees, and received an average PPP loan of $70,456, 184% higher than this company's loan of $24,828.
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Footnotes & Information
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