PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Arkansas Environmental Federation Inc, Little Rock, AR

ALERT: There are 2 PPP loans for a total of $50,499 in our database for businesses with the name "Arkansas Environmental Federation Inc" in Little Rock, AR. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Arkansas Environmental Federation Inc
AR Nonprofit Organization

Arkansas Environmental Federation Inc

Entity: Non-profit Organization

Industry: Environment, Conservation and Wildlife Organizations

Location: Little Rock, AR

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Arkansas Environmental Federation Inc is a non-profit organization located at 415 N Mckinley St Ste 835 in Little Rock, Arkansas that received a Coronavirus-related PPP loan from the SBA of $25,399.00 in February, 2021.

$ PPP Loan Information
Loan #5413008405

Loan Size:

$25,399

Jobs Retained:

2

Loan Approved:

2021-02-08

Loan Status:

Ongoing Loan

Lender:

Arkansas Capital Corporation

Arkansas Environmental Federation Inc in Little Rock, AR received a Paycheck Protection Loan of $25,399 through Arkansas Capital Corporation, 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.

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.

Read More
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.

Read 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). In order to qualify for the PPP loan amount received, Arkansas Environmental Federation Inc's 2019 payroll expenses are estimated to be at least $121,915.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,958 per employee1

Reported PPP Proceed Usage:

On the PPP application, Arkansas Environmental Federation Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $25,399

Business Information - Arkansas Environmental Federation Inc in Little Rock, AR

Arkansas Environmental Federation Inc
415 N Mckinley St Ste 835
Little Rock, AR 72205

Business Industry:
Environment, Conservation and Wildlife Organizations
NAICS code 813312

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Pulaski County, AR — SBA Office 0669 — Congressional District: AR-02

Industry PPP Comparison Statistics

Nationwide, 3,916 businesses in the "Environment, Conservation and Wildlife Organizations" industry received a total of $506.63M 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 14 employees, 600% higher than Arkansas Environmental Federation Inc's reported 2 employees, and received an average PPP loan of $129,375, 409% higher than this company's loan of $25,399.

SBA PPP loan data, payroll data, and salaries for Arkansas Environmental Federation, Inc
AR Nonprofit Organization

Arkansas Environmental Federation, Inc

Entity: Non-profit Organization

Industry: Business Associations

Location: Little Rock, AR

Search All PPP Data

Arkansas Environmental Federation, Inc is a non-profit organization located at 415 N. Mckinley in Little Rock, Arkansas that received a Coronavirus-related PPP loan from the SBA of $25,100.00 in April, 2020.

$ PPP Loan Information
Loan #5951027009

Loan Size:

$25,100

Jobs Retained:

2

Loan Approved:

2020-04-06

Loan Status:

Ongoing Loan

Lender:

Arkansas Capital Corporation

Arkansas Environmental Federation, Inc in Little Rock, AR received a Paycheck Protection Loan of $25,100 through Arkansas Capital Corporation, which was approved in April, 2020.

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.

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.

Read More
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.

Read 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). In order to qualify for the PPP loan amount received, Arkansas Environmental Federation, Inc's 2019 payroll expenses are estimated to be at least $120,480.

Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $60,240 per employee1

Reported PPP Proceed Usage:

On the PPP application, Arkansas Environmental Federation, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $25,100

Business Information - Arkansas Environmental Federation, Inc in Little Rock, AR

Arkansas Environmental Federation, Inc
415 N. Mckinley
Little Rock, AR 72205

Business Industry:
Business Associations
NAICS code 813910

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Pulaski County, AR — SBA Office 0669 — Congressional District: AR-02

Similar Companies near Little Rock

In the Little Rock area, 33 businesses in the "Business Associations" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 2) and received an average PPP loan of $20,668 (compared to this company's $25,100).

Industry PPP Comparison Statistics

Nationwide, 18,409 businesses in the "Business Associations" industry received a total of $1.18B 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 5 employees, 150% higher than Arkansas Environmental Federation, Inc's reported 2 employees, and received an average PPP loan of $64,358, 156% higher than this company's loan of $25,100.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/arkansas-environmental-federation-inc-little-rock-ar