PPP Loan Data — Tays Heights, LLC, Alamogordo, NM
Tays Heights, LLC
Entity: Limited Liability Company (LLC)
Location: Alamogordo, NMTweet This • Search All PPP Data
Tays Heights, LLC is a limited liability company (LLC) located at 1904 Juniper in Alamogordo, New Mexico that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Tays Heights, LLC in Alamogordo, NM received a Paycheck Protection Loan of $25,000 through Bank 34, 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 March, 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, Tays Heights, LLC's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Tays Heights, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Tays Heights, LLC in Alamogordo, NM
Alamogordo, NM 88310
New Multifamily Housing Construction (except For-Sale Builders)
NAICS code 236116
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Alamogordo
In the Alamogordo area, 2 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 3) and received an average PPP loan of $22,917 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Perpetual Renovations LLC
Industry PPP Comparison Statistics
Nationwide, 13,259 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a total of $1.11B 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 Tays Heights, LLC's reported 3 employees, and received an average PPP loan of $83,412, 234% higher than this company's loan of $25,000.
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Footnotes & Information
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