PPP Loan Data — Wombat Services LLC, Carlsbad, NM
Wombat Services LLC
Entity: Limited Liability Company (LLC)
Location: Carlsbad, NMTweet This • Search All PPP Data
Wombat Services LLC is a limited liability company (LLC) located at 1008 W Pierce in Carlsbad, New Mexico that received a Coronavirus-related PPP loan from the SBA of $24,831.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Wombat Services LLC in Carlsbad, NM received a Paycheck Protection Loan of $24,831 through Pioneer Bank, 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, Wombat Services LLC's 2019 payroll expenses are estimated to be at least $119,189.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $59,595 per employee1
Reported PPP Proceed Usage:
On the PPP application, Wombat Services LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $24,831
Business Information - Wombat Services LLC in Carlsbad, NM
1008 W Pierce
Carlsbad, NM 88220
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Carlsbad
In the Carlsbad area, 9 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 2) and received an average PPP loan of $175,052 (compared to this company's $24,831).
Similar Nearby Businesses Who Received PPP Funding:
Triple T's Linings
Uncorked Art LLC
Carlsbad Floral & Gifts
Bear Paw Custom Embroidery
Monica Callaway DBA Monica Renshaw Beauty
Industry PPP Comparison Statistics
Nationwide, 152,436 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $5.23B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 100% higher than Wombat Services LLC's reported 2 employees, and received an average PPP loan of $34,329, 38% higher than this company's loan of $24,831.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!