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PPP Loan Data — Celebree Holding Inc, Lutherville, MD

SBA PPP loan data, payroll data, and salaries for Celebree Holding Inc

Celebree Holding Inc

Entity: Corporation

Industry: Child Day Care Services

Location: Lutherville, MD

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Celebree Holding Inc is a corporation located at 1306 Bellona Ave in Lutherville, Maryland that received a Coronavirus-related PPP loan from the SBA of $4,466,800.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Celebree Holding Inc received a Paycheck Protection Loan of $4.47M through PEOPLESBANK, A CODORUS VALLEY COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Celebree Holding Inc's total 2019 payroll expenses were approximately $21.44M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $42,881 per employee1.

Because the loan received by Celebree Holding Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Celebree Holding Inc in Lutherville, MD

Celebree Holding Inc
1306 Bellona Ave
Lutherville, MD 21093

Business Industry

Child Day Care Services (NAICS code 624410)

Business Owner Demographics

Race / Ethnicity: WHITE


Veteran Status: NON-VETERAN

Congressional District: MD-02

Similar Companies near Lutherville

In the Lutherville area, 2 businesses in the "Child Day Care Services" industry received a PPP loan. These local businesses reported an average of 257 employees (compared to this company's 500) and received an average PPP loan of $2,282,039 (compared to this company's $4.47M).

Similar Nearby Businesses Who Received PPP Funding:

Lots Of Love, Inc
Lutherville-timonium, MD

$97,277 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 42,269 businesses in the "Child Day Care Services" industry received a total of $2,725,013,735.00 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 11 employees, 98% lower than Celebree Holding Inc's reported 500 employees, and received an average PPP loan of $64,468, 99% lower than this company's loan of $4.47M.

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.

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Footnotes & Information

1. 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 - The Civil Employee's Resource **