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PPP Loan Data — Ashley Tran, Sugar Land, TX

SBA PPP loan data, payroll data, and salaries for Ashley Tran
TX

Ashley Tran

Entity: Self-employed Individual

Industry: Medicinal and Botanical Manufacturing

Location: Sugar Land, TX

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Ashley Tran is a self-employed individual located in Sugar Land, Texas that received a Coronavirus-related PPP loan from the SBA of $2,700.00 in May, 2020.

$ PPP Loan Information
Loan #2596057400

Loan Size:

$2,700

Jobs Retained:

1

Loan Approved:

2020-05-06

Loan Status:

Paid in Full or Forgiven

Lender:

Southwestern National Bank

Ashley Tran in Sugar Land, TX received a Paycheck Protection Loan of $2,700 through Southwestern National Bank, which was approved in May, 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.


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, Ashley Tran reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,700

Business Information - Ashley Tran in Sugar Land, TX

Ashley Tran
Sugar Land, TX
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Medicinal and Botanical Manufacturing
NAICS code 325411

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age:

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Fort Bend County, TX — SBA Office 0671 — Congressional District: TX-22

Similar Companies near Sugar Land

In the Sugar Land area, 2 businesses in the "Medicinal and Botanical Manufacturing" industry received a PPP loan. These local businesses reported an average of 78 employees (compared to this company's 1) and received an average PPP loan of $823,050 (compared to this company's $2,700).

Similar Nearby Businesses Who Received PPP Funding:

Bluebonnet Nutrition Co
Sugar Land, TX

$1.64M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 1,000 businesses in the "Medicinal and Botanical Manufacturing" industry received a total of $189.13M 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 18 employees, 1700% higher than Ashley Tran's reported 1 employees, and received an average PPP loan of $189,134, 6905% higher than this company's loan of $2,700.

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/ashley-tran-sugar-land-tx