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• #Machacha gloucester full#

#Machacha gloucester 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. Machaca Gloucester LLC is a limited liability company (LLC) located at 14 Rogers St in Gloucester, Massachusetts that received a Coronavirus-related PPP loan from the SBA of 81,848.00in January, 2021. 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). The company has reported itself as a male owned business, and employed at least nine people during the applicable loan loan period. In order to qualify for the PPP loan amount received, Machaca Gloucester LLC's 2019 payroll expenses are estimated to be at least $392,870.īased on their reported 9 jobs retained, this equals an estimated average yearly compensation of $43,652 per employee 1 Reported PPP Proceed Usage: el muchacho, la muchacha ( moo - chah - choh ) masculine or feminine noun 1. boy (masculine) Había un grupo de muchachos jugando al tenis.

On the PPP application, Machaca Gloucester LLC reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Machaca Gloucester LLC in Gloucester, MAįor Machaca Gloucester, LLC, 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, Machaca Gloucester, LLC's 2019 payroll expenses are estimated to be at least $388,224.