PPP Loan Data — Zucker Pivot, LLC, Deshler, NE
Zucker Pivot, LLC
Entity: Limited Liability Company (LLC)
Location: Deshler, NETweet This • Search All PPP Data
Zucker Pivot, LLC is a limited liability company (LLC) located at 304 E Bryson Ave in Deshler, Nebraska that received a Coronavirus-related PPP loan from the SBA of $45,900.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Midwest Bank National Association
Zucker Pivot, LLC in Deshler, NE received a Paycheck Protection Loan of $45,900 through Midwest Bank National Association, 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, Zucker Pivot, LLC's 2019 payroll expenses are estimated to be at least $220,320.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $31,474 per employee1
Reported PPP Proceed Usage:
On the PPP application, Zucker Pivot, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $45,900
Business Information - Zucker Pivot, LLC in Deshler, NE
304 E Bryson Ave
Deshler, NE 68340
Farm and Garden Machinery and Equipment Merchant Wholesalers
NAICS code 423820
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Deshler
In the Deshler area, 2 businesses in the "Farm and Garden Machinery and Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 7) and received an average PPP loan of $65,550 (compared to this company's $45,900).
Similar Nearby Businesses Who Received PPP Funding:
South Central Irrigation LLC
Industry PPP Comparison Statistics
Nationwide, 3,216 businesses in the "Farm and Garden Machinery and Equipment Merchant Wholesalers" industry received a total of $635.92M 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 17 employees, 143% higher than Zucker Pivot, LLC's reported 7 employees, and received an average PPP loan of $197,736, 331% higher than this company's loan of $45,900.
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