PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Trend Vector Aviation International Inc, Barrigada, GU

ALERT: There are 2 PPP loans for a total of $42,540 in our database for businesses with the name "Trend Vector Aviation International Inc" in Barrigada, GU. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Trend Vector Aviation International Inc
GU

Trend Vector Aviation International Inc

Entity: Corporation

Industry: Scenic and Sightseeing Transportation, Other

Location: Barrigada, GU

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Trend Vector Aviation International Inc is a corporation located at 17-3404 Neptune Ave in Barrigada, that received a Coronavirus-related PPP loan from the SBA of $17,390.00 in March, 2021.

The company has reported itself as an Asian female owned business, and employed at least ten people during the applicable loan loan period.

$ PPP Loan Information
Loan #2105048705

Loan Size:

$17,390

Jobs Retained:

10

Loan Approved:

2021-03-28

Loan Status:

Ongoing Loan

Lender:

First Hawaiian Bank

Trend Vector Aviation International Inc in Barrigada, GU received a Paycheck Protection Loan of $17,390 through First Hawaiian Bank, which was approved in March, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Trend Vector Aviation International Inc's 2019 payroll expenses are estimated to be at least $83,472.

Based on their reported 10 jobs retained, this equals an estimated average yearly compensation of $8,347 per employee1

Reported PPP Proceed Usage:

On the PPP application, Trend Vector Aviation International Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $17,387
  • Utilities: $1

Business Information - Trend Vector Aviation International Inc in Barrigada, GU

Trend Vector Aviation International Inc
17-3404 Neptune Ave
Barrigada, GU 96913

Business Industry:
Scenic and Sightseeing Transportation, Other
NAICS code 487990

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Guam County, GU — SBA Office 0951 — Congressional District: GU-

Similar Companies near Barrigada

In the Barrigada area, 2 businesses in the "Scenic and Sightseeing Transportation, Other" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 10) and received an average PPP loan of $11,485 (compared to this company's $17,390).

Similar Nearby Businesses Who Received PPP Funding:

Kenneth Huidong Kang
Tamuning, GU

$5,580 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 563 businesses in the "Scenic and Sightseeing Transportation, Other" industry received a total of $40.85M 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 9 employees, 10% lower than Trend Vector Aviation International Inc's reported 10 employees, and received an average PPP loan of $72,559, 317% higher than this company's loan of $17,390.

SBA PPP loan data, payroll data, and salaries for Trend Vector Aviation International, Inc
GU

Trend Vector Aviation International, Inc

Entity: Corporation

Industry: Other Technical and Trade Schools

Location: Barrigada, GU

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Trend Vector Aviation International, Inc is a corporation located at 17 3404 Neptune Avenue in Barrigada, that received a Coronavirus-related PPP loan from the SBA of $25,150.00 in April, 2020.

$ PPP Loan Information
Loan #7193397308

Loan Size:

$25,150

Jobs Retained:

12

Loan Approved:

2020-04-30

Loan Status:

Paid in Full or Forgiven

Lender:

First Hawaiian Bank

Trend Vector Aviation International, Inc in Barrigada, GU received a Paycheck Protection Loan of $25,150 through First Hawaiian Bank, 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

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

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, Trend Vector Aviation International, Inc's 2019 payroll expenses are estimated to be at least $120,720.

Based on their reported 12 jobs retained, this equals an estimated average yearly compensation of $10,060 per employee1

Reported PPP Proceed Usage:

On the PPP application, Trend Vector Aviation International, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $25,150

Business Information - Trend Vector Aviation International, Inc in Barrigada, GU

Trend Vector Aviation International, Inc
17 3404 Neptune Avenue
Barrigada, GU 96913

Business Industry:
Other Technical and Trade Schools
NAICS code 611519

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Guam County, GU — SBA Office 0951 — Congressional District: GU-

Similar Companies near Barrigada

In the Barrigada area, 3 businesses in the "Other Technical and Trade Schools" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 12) and received an average PPP loan of $22,192 (compared to this company's $25,150).

Industry PPP Comparison Statistics

Nationwide, 5,180 businesses in the "Other Technical and Trade Schools" industry received a total of $425.39M 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, 17% lower than Trend Vector Aviation International, Inc's reported 12 employees, and received an average PPP loan of $82,122, 227% higher than this company's loan of $25,150.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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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Source: www.federalpay.org/paycheck-protection-program/trend-vector-aviation-international-inc-barrigada-gu