PPP Loan Data — US Nail Supply LLC, Orlando, FL
US Nail Supply LLC
Entity: Limited Liability Company (LLC)
Location: Orlando, FLTweet This • Search All PPP Data
US Nail Supply LLC is a limited liability company (LLC) located at 1230 W Central Blvd in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $45,995.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
US Nail Supply LLC in Orlando, FL received a Paycheck Protection Loan of $45,995 through Bank of America, National Association, which was approved in May, 2020.
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, US Nail Supply LLC's 2019 payroll expenses are estimated to be at least $220,776.
Based on their reported 10 jobs retained, this equals an estimated average yearly compensation of $22,078 per employee1
Reported PPP Proceed Usage:
On the PPP application, US Nail Supply LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,995
Business Information - US Nail Supply LLC in Orlando, FL
1230 W Central Blvd
Orlando, FL 32805
Other Miscellaneous Durable Goods Merchant Wholesalers
NAICS code 423990
Business Owner Demographics
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Orlando
In the Orlando area, 18 businesses in the "Other Miscellaneous Durable Goods Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 10) and received an average PPP loan of $38,431 (compared to this company's $45,995).
Similar Nearby Businesses Who Received PPP Funding:
Slsj Enterprise LLC
Southeastern Trading Inc
Eglise Baptist Peniel Of Orlando Inc
Level Business Solutions LLC
Industry PPP Comparison Statistics
Nationwide, 26,568 businesses in the "Other Miscellaneous Durable Goods Merchant Wholesalers" industry received a total of $1.98B 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, 30% lower than US Nail Supply LLC's reported 10 employees, and received an average PPP loan of $74,615, 62% higher than this company's loan of $45,995.
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