PPP Loan Data — Steven David Dollinger, Melville, NY
Steven David Dollinger is a sole proprietorship located at 632 Walt Whitman Rd in Melville, New York that received a Coronavirus-related PPP loan from the SBA of $25,220.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:JPMorgan Chase Bank, National Association
Steven David Dollinger in Melville, NY received a Paycheck Protection Loan of $25,220 through JPMorgan Chase Bank, National Association, 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, Steven David Dollinger's 2019 payroll expenses are estimated to be at least $121,056.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,264 per employee1
Reported PPP Proceed Usage:
On the PPP application, Steven David Dollinger reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,951
- Utilities: $869
- Rent: $3,400
Business Information - Steven David Dollinger in Melville, NY
632 Walt Whitman Rd
Melville, NY 11747
Offices of Lawyers
NAICS code 541110
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Melville
In the Melville area, 276 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 4) and received an average PPP loan of $97,921 (compared to this company's $25,220).
Similar Nearby Businesses Who Received PPP Funding:
The Odierno Law Firm PC
Riegler & Berkowitz
The Law Offices Of Cory H Morris
Seres & Schwartz Attorneys At Law
Schneider Garrasetegui & Fedele PLLC
JAY A. Press, PC
Edward G. Mccabe ESQ
Schneider Garrastegui & Fedele PLLC
Jeffrey H. Leavitt Esquire PC
Industry PPP Comparison Statistics
PPP recipients in this industry report an average of 6 employees, 50% higher than Steven David Dollinger's reported 4 employees, and received an average PPP loan of $81,518, 223% higher than this company's loan of $25,220.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!