PPP Loan Data — Twitch Cleaning LLC DBA Oxi Fresh Carpet Cleaning, Atlanta, GA
Twitch Cleaning LLC DBA Oxi Fresh Carpet Cleaning is a limited liability company (LLC) located at 139 Walthall St Se Unit A in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least five people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
Twitch Cleaning LLC DBA Oxi Fresh Carpet Cleaning in Atlanta, GA received a Paycheck Protection Loan of $25,000 through JPMorgan Chase Bank, National Association, which was approved in May, 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 May, 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, Twitch Cleaning LLC DBA Oxi Fresh Carpet Cleaning's 2019 payroll expenses are estimated to be at least $120,000.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $24,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Twitch Cleaning LLC DBA Oxi Fresh Carpet Cleaning reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,000
- Debt Interest: $5,000
Business Information - Twitch Cleaning LLC DBA Oxi Fresh Carpet Cleaning in Atlanta, GA
139 Walthall St Se Unit A
Atlanta, GA 30316
Other Services to Buildings and Dwellings
NAICS code 561790
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Atlanta
In the Atlanta area, 16 businesses in the "Other Services to Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 5) and received an average PPP loan of $13,009 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Cordero Jones Chones
Natural Nest Home Cleaning & Specialty Care
Marsha Mitchell DBA Atl Messenger.com
All Scarr Pressure Washing, LLC
Industry PPP Comparison Statistics
Nationwide, 25,135 businesses in the "Other Services to Buildings and Dwellings" industry received a total of $1.14B 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 7 employees, 40% higher than Twitch Cleaning LLC DBA Oxi Fresh Carpet Cleaning's reported 5 employees, and received an average PPP loan of $45,205, 81% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!