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PPP Loan Data — Amanda Nelson, Collierville, TN

SBA PPP loan data, payroll data, and salaries for Amanda Nelson
TN

Amanda Nelson

Entity: Independent Contractor

Industry: Fitness and Recreational Sports Centers

Location: Collierville, TN

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Amanda Nelson is an independent contractor located in Collierville, Tennessee that received a Coronavirus-related PPP loan from the SBA of $5,500.00 in June, 2020.

$ PPP Loan Information
Loan #6088238001

Loan Size:

$5,500

Jobs Retained:

1

Loan Approved:

2020-06-29

Loan Status:

Paid in Full or Forgiven

Lender:

Paragon Bank

Amanda Nelson in Collierville, TN received a Paycheck Protection Loan of $5,500 through Paragon Bank, which was approved in June, 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 January, 2021.


PPP Calculation Note: The total PPP loan an eligible business or individual can receive is based on 2.5 times their average monthly 2019 payroll expenses, capped at $100,000 annually per employee.

Reported PPP Proceed Usage:

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

  • Payroll: $5,500

Business Information - Amanda Nelson in Collierville, TN

Amanda Nelson
Collierville, TN
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Fitness and Recreational Sports Centers
NAICS code 713940

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Shelby County, TN — SBA Office 0474 — Congressional District: TN-08

Similar Companies near Collierville

In the Collierville area, 42 businesses in the "Fitness and Recreational Sports Centers" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 1) and received an average PPP loan of $28,510 (compared to this company's $5,500).

Industry PPP Comparison Statistics

Nationwide, 61,280 businesses in the "Fitness and Recreational Sports Centers" industry received a total of $2.95B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 12 employees, 1100% higher than Amanda Nelson's reported 1 employees, and received an average PPP loan of $48,172, 776% higher than this company's loan of $5,500.

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.

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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.


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Source: www.federalpay.org/paycheck-protection-program/amanda-nelson-collierville-tn