PPP Loan Data — The Brandgineers, Shreveport, LA
The Brandgineers is a limited liability company (LLC) located at 305 Stoner Ave, Ste A in Shreveport, Louisiana that received a Coronavirus-related PPP loan from the SBA of $46,250.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
The Brandgineers in Shreveport, LA received a Paycheck Protection Loan of $46,250 through Carter FCU, 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 June, 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, The Brandgineers' 2019 payroll expenses are estimated to be at least $222,000.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,400 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Brandgineers reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,250
Business Information - The Brandgineers in Shreveport, LA
305 Stoner Ave, Ste A
Shreveport, LA 71101
Marketing Consulting Services
NAICS code 541613
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Shreveport
In the Shreveport area, 10 businesses in the "Marketing Consulting Services" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 5) and received an average PPP loan of $31,905 (compared to this company's $46,250).
Similar Nearby Businesses Who Received PPP Funding:
May Marketing Group LLC
Capital City Management Group Inc
Ashe Pointe Investments LLC
Envision Media & Marketing LLC
Industry PPP Comparison Statistics
Nationwide, 86,997 businesses in the "Marketing Consulting Services" industry received a total of $3.45B 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 3 employees, 40% lower than The Brandgineers' reported 5 employees, and received an average PPP loan of $39,652, 14% lower than this company's loan of $46,250.
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Footnotes & Information
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