PPP Loan Data — Wirks Moving & Storage Inc, Marietta, GA
Wirks Moving & Storage Inc is a subchapter s corporation located at 1470 Field Park Cir in Marietta, Georgia that received a Coronavirus-related PPP loan from the SBA of $24,872.00 in May, 2020.
The company has reported itself as a female owned business, and employed at least sixteen people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
Wirks Moving & Storage Inc in Marietta, GA received a Paycheck Protection Loan of $24,872 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, Wirks Moving & Storage Inc's 2019 payroll expenses are estimated to be at least $119,386.
Based on their reported 16 jobs retained, this equals an estimated average yearly compensation of $7,462 per employee1
Reported PPP Proceed Usage:
On the PPP application, Wirks Moving & Storage Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,872
Business Information - Wirks Moving & Storage Inc in Marietta, GA
1470 Field Park Cir
Marietta, GA 30066
Used Household and Office Goods Moving
NAICS code 484210
Business Owner Demographics
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Marietta
In the Marietta area, 14 businesses in the "Used Household and Office Goods Moving" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 16) and received an average PPP loan of $43,788 (compared to this company's $24,872).
Similar Nearby Businesses Who Received PPP Funding:
Sherisse St Luce
Jofeinny Gonzalez De Nieto
Cobb North 290, LLC
Mark Warren Decopain
Amazing Movers Of Atlanta
Peach State Portable Storage LLC
Industry PPP Comparison Statistics
Nationwide, 11,089 businesses in the "Used Household and Office Goods Moving" industry received a total of $902.36M 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, 38% lower than Wirks Moving & Storage Inc's reported 16 employees, and received an average PPP loan of $81,374, 227% higher than this company's loan of $24,872.
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Footnotes & Information
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