PPP Loan Data — Sunny Kelley DBA I Ams Childcare Learning Center, Columbus, OH
Sunny Kelley DBA I Ams Childcare Learning Center is a subchapter s corporation located at 1181 E Main St in Columbus, Ohio that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Fifth Third Bank
Sunny Kelley DBA I Ams Childcare Learning Center in Columbus, OH received a Paycheck Protection Loan of $25,000 through Fifth Third Bank, 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, Sunny Kelley DBA I Ams Childcare Learning Center's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Sunny Kelley DBA I Ams Childcare Learning Center reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Sunny Kelley DBA I Ams Childcare Learning Center in Columbus, OH
1181 E Main St
Columbus, OH 43205
Child Day Care Services
NAICS code 624410
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Columbus
In the Columbus area, 58 businesses in the "Child Day Care Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 4) and received an average PPP loan of $19,951 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Americas Childcare LLC
Rodriguez Child Care LLC
Start Fresh Learning Academy LLC
Bright Minds Daycare And Learning Center
Industry PPP Comparison Statistics
Nationwide, 132,794 businesses in the "Child Day Care Services" industry received a total of $5.53B 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 8 employees, 100% higher than Sunny Kelley DBA I Ams Childcare Learning Center's reported 4 employees, and received an average PPP loan of $41,676, 67% higher than this company's loan of $25,000.
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Footnotes & Information
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