PPP Loan Data — Ugandan Water Project, Lima, NY
Ugandan Water Project
Location: Lima, NYTweet This • Search All PPP Data
Ugandan Water Project is a corporation located at Po Box 262 in Lima, New York that received a Coronavirus-related PPP loan from the SBA of $25,100.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:The Canandaigua National Bank and Trust Company
Ugandan Water Project in Lima, NY received a Paycheck Protection Loan of $25,100 through The Canandaigua National Bank and Trust Company, 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 April, 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, Ugandan Water Project's 2019 payroll expenses are estimated to be at least $120,480.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,120 per employee1
Reported PPP Proceed Usage:
On the PPP application, Ugandan Water Project reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,100
Business Information - Ugandan Water Project in Lima, NY
Po Box 262
Lima, NY 14485
Environment, Conservation and Wildlife Organizations
NAICS code 813312
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 3,916 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a total of $506.63M 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 14 employees, 250% higher than Ugandan Water Project's reported 4 employees, and received an average PPP loan of $129,375, 415% higher than this company's loan of $25,100.
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Footnotes & Information
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