the coven f95

The Magic Bullet Express 17 piece set is a versatile kitchen appliance that can help you with all your blending, chopping, grinding, and mixing needs. This set includes a high-torque power base, which provides enough power to easily blend even the toughest ingredients. It also comes with various attachments such as a stainless steel blade for chopping and mixing, a cross blade for grinding and blending, a flat blade for whipping and grinding, and different cups and mugs for blending and serving your creations. One of the key features of the Magic Bullet Express 17 piece set is its compact size. It takes up very little space on your countertop and is easy to store in your kitchen cabinet. This makes it perfect for small kitchens or dorm rooms where space is limited.

User (05/06/2018 21:30)
🔥🔥🔥Hottest Sale of the Year🔥🔥🔥 While supplies last come on in and get an IPhone 6s for the following prices
Port in- $49.99 New number- $99.99. Just the phone w/o service- $199.99
How to qualify for the sale like, share this post and our page and tag a friend.
Magic Wireless 4141 Hacks Cross Rd (901)791-4838
See More

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. User 13 06 2018 21 00 ️SUMMER SALE ️ iPhone Screen Repairs To Get The Deal Just Like,Share,Tag A Friend To The Post And Like,Share The Page NEW LOCATION.

This makes it perfect for small kitchens or dorm rooms where space is limited. Another great feature of this set is its speed and efficiency. The Magic Bullet Express is designed to blend ingredients quickly and evenly.

PPP Loan Data — Magic Wireless, Memphis, TN

Magic Wireless is a corporation located at 4141 Hacks Cross Rd in Memphis, Tennessee that received a Coronavirus-related PPP loan from the SBA of $14,600.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least three people during the applicable loan loan period.

$ PPP Loan Information

Jobs Retained:

Loan Approved:

Loan Status:

Paid in Full or Forgiven

Evolve Bank and Trust

Magic Wireless in Memphis, TN received a Paycheck Protection Loan of $14,600 through Evolve Bank and Trust, 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 July, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

• For most corporations and nonprofits, "payroll costs" include gross wages & tips, employer-paid health insurance & retirement contributions, and some employment taxes
• For self-employed individuals & sole proprietorships, PPP amount is based on Schedule C (either gross income or net profit depending on situation, plus gross wages, etc if there are other employees besides the owner)
• In all cases, salaries or net earnings over $100k are capped at $100k for PPP calculation purposes
• For new businesses that were not in operation in 2019, alternative reference periods are available

Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

For Magic Wireless, the calculation used to estimate payroll costs is shown below:

($14,600 / 2.5) * 12 = $70,080

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. 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.

• Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs.
• 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.

Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.

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, Magic Wireless' 2019 payroll expenses are estimated to be at least $70,080.

Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $23,360 per employee 1

Reported PPP Proceed Usage:

On the PPP application, Magic Wireless reported intending to use the proceeds of their PPP loan for the following expenses:

• Payroll: $14,600

Business Information - Magic Wireless in Memphis, TN

Business Industry:

NAICS code

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

Rural / Urban: Urban

Industry PPP Comparison Statistics

Nationwide, 132,325 businesses in the " " industry received a total of $5.85B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 13 employees, 333% higher than Magic Wireless' reported 3 employees, and received an average PPP loan of $44,230, 203% higher than this company's loan of $14,600.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.

Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.

Footnotes & Information

1. Estimations for informational purposes only. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

Have FederalPay.org's open data tools been valuable? Consider donating!

© 2014 - 2023 FederalPay.org. All rights reserved. Usage is subject to our Terms and Privacy Policy. View sitemap

FederalPay is a free public resource site and is not affiliated with the United States government or any Government agency

User
They fixed my phone real good, look brand new again! Thanks Omer.. Good price too!

With its powerful motor and sharp blades, it can pulverize even the toughest ingredients in seconds. The Magic Bullet Express is also very easy to use. Simply load your ingredients into one of the cups or mugs provided, screw on the blade attachment, and place it on the power base. Press down on the cup or mug to activate the blending process. In addition to its blending capabilities, the Magic Bullet Express can also be used for other tasks such as grinding coffee beans, chopping onions, making salsa, whipping cream, and much more. It truly is a versatile kitchen appliance that can help you save time and effort in the kitchen. Overall, the Magic Bullet Express 17 piece set is a great investment for anyone who loves to cook or wants to simplify their meal preparation process. Its compact size, versatile attachments, and powerful motor make it a must-have kitchen appliance. Whether you're making smoothies, soups, sauces, or dips, the Magic Bullet Express can help you achieve the perfect consistency every time..

Reviews for "the coven f95"

the coven f95