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PPP Loan Data — Trend Pot NY LLC,
New York, NY
Trend Pot NY LLC
Entity: Limited Liability Company (LLC)
Industry: Periodical Publishers
Location: New York, NY
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Trend Pot NY LLC is a limited liability company (LLC) located at 40 Exchange Pl #1902 in New York, New York that received a Coronavirus-related PPP loan from the SBA of $79,480.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-15Lender:
BANK OF HAWAIITrend Pot NY LLC received a Paycheck Protection Loan of $79,480 through BANK OF HAWAII, which was approved in April, 2020.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 0.
Based on standard PPP eligibility rules, Trend Pot NY LLC's total 2019 payroll expenses were approximately $381,504 in order to qualify for the PPP loan amount received.
Unlike most businesses, Trend Pot NY LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Trend Pot NY LLC in New York, NY
40 Exchange Pl #1902
New York, NY 10005
Business Industry
Periodical Publishers (NAICS code 511120)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-10Similar Companies near New York
In the New York area, 9 businesses in the "Periodical Publishers" industry received a PPP loan. These local businesses reported an average of 35 employees (compared to this company's 0) and received an average PPP loan of $786,150 (compared to this company's $79,480).
Similar Nearby Businesses Who Received PPP Funding:
Swaps Monitor Publications, Inc.
New York, NY
Trend Pot Inc
New York, NY
Bleulife Media Group
New York, NY
City And State NY LLC
New York, NY
Source Media Holdings Inc
New York, NY
Vickers Stock Research Corp.
New York, NY
James Petrie
New York, NY
Simmons-Boardman Publishing Corporation, Inc.
New York, NY
Industry PPP Comparison Statistics
Nationwide, 2,110 businesses in the "Periodical Publishers" industry received a total of $322,626,074.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, and received an average PPP loan of $152,903, 92% higher than this company's loan of $79,480.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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