PPP Loan Data — Weekend Warrior Heating And Air Inc, Jasper, AL
Weekend Warrior Heating And Air Inc
Entity: Subchapter S Corporation
Location: Jasper, ALTweet This • Search All PPP Data
Weekend Warrior Heating And Air Inc is a subchapter s corporation located at 1751 N Walston Bridge Road in Jasper, Alabama that received a Coronavirus-related PPP loan from the SBA of $25,088.00 in May, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Weekend Warrior Heating And Air Inc in Jasper, AL received a Paycheck Protection Loan of $25,088 through Synovus Bank, 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 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, Weekend Warrior Heating And Air Inc's 2019 payroll expenses are estimated to be at least $120,422.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,141 per employee1
Reported PPP Proceed Usage:
On the PPP application, Weekend Warrior Heating And Air Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,088
Business Information - Weekend Warrior Heating And Air Inc in Jasper, AL
1751 N Walston Bridge Road
Jasper, AL 35502
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Jasper
In the Jasper area, 10 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 3) and received an average PPP loan of $27,527 (compared to this company's $25,088).
Similar Nearby Businesses Who Received PPP Funding:
Norris Plumbing & Gas Inc
Sargent Heating & Cooling Co LLC
Reliable Air-Conditioning Systems, Inc
Universal Heating & Cooling, Inc
Industry PPP Comparison Statistics
Nationwide, 105,811 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.07B 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, 233% higher than Weekend Warrior Heating And Air Inc's reported 3 employees, and received an average PPP loan of $123,520, 392% higher than this company's loan of $25,088.
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Footnotes & Information
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