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BLOOMFIELD GARAGE INC FULL

In order to qualify for the PPP loan amount received, Bloomfield Garage Inc's 2019 payroll expenses are estimated to be at least $499,296. 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).

BLOOMFIELD GARAGE INC FULL

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.

Bloomfield Garage Inc listed under Auto Dealers: Used Cars, Trucks & Vans, General Car & Auto Repair. 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. Bloomfield Garage Inc, 689 Park Ave, Bloomfield, CT 06002 Get Address, Phone Number, Maps, Ratings, Photos, Websites and more for Bloomfield Garage Inc. SES - Senior Executive Service Pay Calculatorįor Bloomfield Garage Inc, the calculation used to estimate payroll costs is shown below:.FWS - Federal Wage System Pay Calculator.