PPP Loan Data — Terry Boyd Photography Tours LLC, Cantwell, AK
Terry Boyd Photography Tours LLC is a corporation located at Po Box 51 in Cantwell, Alaska that received a Coronavirus-related PPP loan from the SBA of $24,981.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least two people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First National Bank Alaska
Terry Boyd Photography Tours LLC in Cantwell, AK received a Paycheck Protection Loan of $24,981 through First National Bank Alaska, 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, Terry Boyd Photography Tours LLC's 2019 payroll expenses are estimated to be at least $119,909.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $59,955 per employee1
Reported PPP Proceed Usage:
On the PPP application, Terry Boyd Photography Tours LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $19,985
- Utilities: $4,996
Business Information - Terry Boyd Photography Tours LLC in Cantwell, AK
Po Box 51
Cantwell, AK 99729
All Other Amusement and Recreation Industries
NAICS code 713990
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Cantwell
In the Cantwell area, 5 businesses in the "All Other Amusement and Recreation Industries" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 2) and received an average PPP loan of $25,498 (compared to this company's $24,981).
Similar Nearby Businesses Who Received PPP Funding:
Michael Esteves Dossantos
Big Wild Outfitters, LLC
Denali Fly Fishing Guides LLC
Industry PPP Comparison Statistics
Nationwide, 26,511 businesses in the "All Other Amusement and Recreation Industries" industry received a total of $1.46B 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 12 employees, 500% higher than Terry Boyd Photography Tours LLC's reported 2 employees, and received an average PPP loan of $55,179, 121% higher than this company's loan of $24,981.
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Footnotes & Information
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