![]() In order to qualify for the PPP loan amount received, Bluetech LLC's 2019 payroll expenses are estimated to be at least $112,800. On the PPP application, Bluetech LLC reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Bluetech LLC in Berlin, MDīased 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, Bluetech LLC's 2019 payroll expenses are estimated to be at least $163,555.īased on their reported 5 jobs retained, this equals an estimated average yearly compensation of $32,711 per employee 1 Reported PPP Proceed Usage: 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).
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