PPP Loan Data — The Pinehurst Super Stop, LLC, Pinehurst, ID
The Pinehurst Super Stop, LLC is a limited liability company (LLC) located at 509 N Division Street in Pinehurst, Idaho that received a Coronavirus-related PPP loan from the SBA of $25,400.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
The Pinehurst Super Stop, LLC in Pinehurst, ID received a Paycheck Protection Loan of $25,400 through bankcda, 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, The Pinehurst Super Stop, LLC's 2019 payroll expenses are estimated to be at least $121,920.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $20,320 per employee1
Reported PPP Proceed Usage:
On the PPP application, The Pinehurst Super Stop, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,400
Business Information - The Pinehurst Super Stop, LLC in Pinehurst, ID
509 N Division Street
Pinehurst, ID 83850
Gasoline Stations with Convenience Stores
NAICS code 447110
Business Owner Demographics
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Pinehurst
In the Pinehurst area, 2 businesses in the "Gasoline Stations with Convenience Stores" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 6) and received an average PPP loan of $19,500 (compared to this company's $25,400).
Similar Nearby Businesses Who Received PPP Funding:
807 N. Division LLC
Industry PPP Comparison Statistics
Nationwide, 45,026 businesses in the "Gasoline Stations with Convenience Stores" industry received a total of $2.06B 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 10 employees, 67% higher than The Pinehurst Super Stop, LLC's reported 6 employees, and received an average PPP loan of $45,821, 80% higher than this company's loan of $25,400.
FederalPay's PPP Information Policy
Footnotes & Information
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