PPP Loan Data — Viebrock Sales And Service LLC, Sedalia, MO
Viebrock Sales And Service LLC
Entity: Limited Liability Company (LLC)
Location: Sedalia, MOTweet This • Search All PPP Data
Viebrock Sales And Service LLC is a limited liability company (LLC) located at 30028 Highway 65 in Sedalia, Missouri that received a Coronavirus-related PPP loan from the SBA of $46,400.00 in April, 2020.
The company has reported itself as a White 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:Central Bank of Sedalia
Viebrock Sales And Service LLC in Sedalia, MO received a Paycheck Protection Loan of $46,400 through Central Bank of Sedalia, 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 December, 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, Viebrock Sales And Service LLC's 2019 payroll expenses are estimated to be at least $222,720.
Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $44,544 per employee1
Reported PPP Proceed Usage:
On the PPP application, Viebrock Sales And Service LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $46,400
Business Information - Viebrock Sales And Service LLC in Sedalia, MO
30028 Highway 65
Sedalia, MO 65301
Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers
NAICS code 423860
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Sedalia
In the Sedalia area, 7 businesses in the "Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 5) and received an average PPP loan of $65,653 (compared to this company's $46,400).
Similar Nearby Businesses Who Received PPP Funding:
Viebrock Sales And Services LLC
Green Land Transportation
Industry PPP Comparison Statistics
Nationwide, 15,714 businesses in the "Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers" industry received a total of $612.65M 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 3 employees, 40% lower than Viebrock Sales And Service LLC's reported 5 employees, and received an average PPP loan of $38,987, 16% lower than this company's loan of $46,400.
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