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

PPP Loan Data — Bill Weldon, Destin, FL

ALERT: There are 2 PPP loans for a total of $10,800 in our database for businesses with the name "Bill Weldon" in Destin, FL. 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 Bill Weldon
FL

Bill Weldon

Entity: Sole Proprietorship

Industry: All Other Personal Services

Location: Destin, FL

Search All PPP Data

Bill Weldon is a sole proprietorship located in Destin, Florida that received a Coronavirus-related PPP loan from the SBA of $5,400.00 in April, 2021.

$ PPP Loan Information
Loan #1662798901

Loan Size:

$5,400

Jobs Retained:

1

Loan Approved:

2021-04-26

Loan Status:

Paid in Full or Forgiven

Lender:

Readycap Lending, LLC

Bill Weldon in Destin, FL received a Paycheck Protection Loan of $5,400 through Readycap Lending, LLC, which was approved in April, 2021.

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 November, 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, Bill Weldon reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $5,400

Business Information - Bill Weldon in Destin, FL

Bill Weldon
Destin, FL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Personal Services
NAICS code 812990

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

Okaloosa County, FL — SBA Office 0491 — Congressional District: FL-01

Similar Companies near Destin

In the Destin area, 47 businesses in the "All Other Personal Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $28,696 (compared to this company's $5,400).

Industry PPP Comparison Statistics

Nationwide, 231,198 businesses in the "All Other Personal Services" industry received a total of $5.51B in PPP loans. These businesses account for 2% 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 Bill Weldon's reported 1 employees, and received an average PPP loan of $23,842, 342% higher than this company's loan of $5,400.

SBA PPP loan data, payroll data, and salaries for Bill Weldon
FL

Bill Weldon

Entity: Sole Proprietorship

Industry: All Other Personal Services

Location: Destin, FL

Search All PPP Data

Bill Weldon is a sole proprietorship located in Destin, Florida that received a Coronavirus-related PPP loan from the SBA of $5,400.00 in February, 2021.

$ PPP Loan Information
Loan #9532748405

Loan Size:

$5,400

Jobs Retained:

1

Loan Approved:

2021-02-17

Loan Status:

Paid in Full or Forgiven

Lender:

Readycap Lending, LLC

Bill Weldon in Destin, FL received a Paycheck Protection Loan of $5,400 through Readycap Lending, LLC, which was approved in February, 2021.

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 November, 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, Bill Weldon reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $5,400

Business Information - Bill Weldon in Destin, FL

Bill Weldon
Destin, FL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Personal Services
NAICS code 812990

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

Okaloosa County, FL — SBA Office 0491 — Congressional District: FL-01

Similar Companies near Destin

In the Destin area, 47 businesses in the "All Other Personal Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $28,696 (compared to this company's $5,400).

Industry PPP Comparison Statistics

Nationwide, 231,198 businesses in the "All Other Personal Services" industry received a total of $5.51B in PPP loans. These businesses account for 2% 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 Bill Weldon's reported 1 employees, and received an average PPP loan of $23,842, 342% higher than this company's loan of $5,400.

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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Source: www.federalpay.org/paycheck-protection-program/bill-weldon-destin-fl