Get the latest business insights from Dun & Bradstreet. In order to qualify for the PPP loan amount received, Iina Ba, Inc's 2019 payroll expenses are estimated to be at least $1.79M. Find company research, competitor information, contact details & financial data for Iina' Ba', Inc. On the PPP application, Iina Ba Inc reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Iina Ba Inc in Farmington, NMįor Iina Ba, Inc, the calculation used to estimate payroll costs is shown below:īased 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, Iina Ba Inc's 2019 payroll expenses are estimated to be at least $1.72M.īased on their reported 24 jobs retained, this equals an estimated average yearly compensation of $71,505 per employee 1 Reported PPP Proceed Usage: additional fees may apply Grand Strand Resorts, Inc Kitty Hawk au hj vb xh jt jo ff hg jc vh ba cg kt tp gq tu ul eq hc pw gv qb bk uf rw. Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased 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). Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above.Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs.This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received. ![]() Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received. SES - Senior Executive Service Pay Calculatorįor Iina Ba Inc, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator.
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