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PPP Loan Data — Andrew W. Cross,
Hoover, AL
Andrew W. Cross
Entity: Independent Contractor
Industry: New Single-Family Housing Construction (except For-Sale Builders)
Location: Hoover, AL
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Andrew W. Cross is an independent contractor located in Hoover, Alabama that received a Coronavirus-related PPP loan from the SBA of $18,541.00 in February, 2021.
The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #5515288409
Loan Size:
Jobs Retained:
1Loan Approved:
2021-02-08Loan Status:
Ongoing LoanLender:
Loan Source IncorporatedAndrew W. Cross in Hoover, AL received a Paycheck Protection Loan of $18,541 through Loan Source Incorporated, which was approved in February, 2021.
This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.
Reported PPP Proceed Usage:
On the PPP application, Andrew W. Cross reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $18,541
Business Information - Andrew W. Cross in Hoover, AL
Hoover, AL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
New Single-Family Housing Construction (except For-Sale Builders)
NAICS code 236115
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
HUBZone: N
Rural / Urban: Urban
Similar Companies near Hoover
In the Hoover area, 10 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $15,225 (compared to this company's $18,541).
Similar Nearby Businesses Who Received PPP Funding:
TTR Construction, LLC
Hoover, AL
Woodlands Holdings, LLC
Hoover, AL
Big Sky Builders, Inc
Hoover, AL
Robert Hill
Hoover, AL
Brooklyn Handy Polk
Hoover, AL
Acadian Homes LLC
Hoover, AL
James Greene
Vestavia, AL
Clement Home Builders LLC
Birmingham, AL
Industry PPP Comparison Statistics
Nationwide, 125,433 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a total of $5.71B 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 5 employees, 400% higher than Andrew W. Cross' reported 1 employees, and received an average PPP loan of $45,486, 145% higher than this company's loan of $18,541.
Andrew W Cross
Entity: Independent Contractor
Industry: Residential Remodelers
Location: Hoover, AL
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Andrew W Cross is an independent contractor located in Hoover, Alabama that received a Coronavirus-related PPP loan from the SBA of $18,030.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #8954717210
Loan Size:
Jobs Retained:
1Loan Approved:
2020-04-28Loan Status:
Paid in Full or ForgivenLender:
Trustmark National BankAndrew W Cross in Hoover, AL received a Paycheck Protection Loan of $18,030 through Trustmark National Bank, 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 May, 2021.
Reported PPP Proceed Usage:
On the PPP application, Andrew W Cross reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $18,030
Business Information - Andrew W Cross in Hoover, AL
Hoover, AL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Residential Remodelers
NAICS code 236118
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
HUBZone: N
Rural / Urban: Urban
Similar Companies near Hoover
In the Hoover area, 18 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $13,862 (compared to this company's $18,030).
Similar Nearby Businesses Who Received PPP Funding:
Billy R Jones
Hoover, AL
Kirklandplumbing And Remodeling
Hoover, AL
Frameworks Construction & Remodeling LLC
Hoover, AL
A. Whittington Construction Inc
Vestavia, AL
Custom Services Inc
Hoover, AL
LAN Homes LLC
Hoover, AL
Chris Peasley Enterprises Inc
Hoover, AL
Javia Danyel Character
Hoover, AL
Industry PPP Comparison Statistics
Nationwide, 166,608 businesses in the "Residential Remodelers" industry received a total of $5.16B 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 3 employees, 200% higher than Andrew W Cross' reported 1 employees, and received an average PPP loan of $30,994, 72% higher than this company's loan of $18,030.
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.
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