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

PPP Loan Data — Chad L Cumming PLLC, Little Rock, AR

ALERT: There are 2 PPP loans for a total of $41,633 in our database for businesses with the name "Chad L Cumming PLLC" 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 Chad L Cumming PLLC
AR

Chad L Cumming PLLC

Entity: Limited Liability Company (LLC)

Industry: Offices of Lawyers

Location: Little Rock, AR

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Chad L Cumming PLLC is a limited liability company (LLC) located in Little Rock, Arkansas that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in March, 2021.

$ PPP Loan Information
Loan #6973938503

Loan Size:

$20,833

Jobs Retained:

1

Loan Approved:

2021-03-04

Loan Status:

Ongoing Loan

Lender:

Bank OZK

Chad L Cumming PLLC in Little Rock, AR received a Paycheck Protection Loan of $20,833 through Bank OZK, which was approved in March, 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.


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, Chad L Cumming PLLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,832

Business Information - Chad L Cumming PLLC in Little Rock, AR

Chad L Cumming PLLC
Little Rock, AR
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Lawyers
NAICS code 541110

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: Y

Rural / Urban: Urban

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

Similar Companies near Little Rock

In the Little Rock area, 269 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 1) and received an average PPP loan of $106,155 (compared to this company's $20,833).

Industry PPP Comparison Statistics

Nationwide, 200,895 businesses in the "Offices of Lawyers" industry received a total of $16.38B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 6 employees, 500% higher than Chad L Cumming PLLC's reported 1 employees, and received an average PPP loan of $81,518, 291% higher than this company's loan of $20,833.

SBA PPP loan data, payroll data, and salaries for Chad L Cumming, PLLC
AR

Chad L Cumming, PLLC

Entity: Limited Liability Company (LLC)

Industry: Offices of Lawyers

Location: Little Rock, AR

Search All PPP Data

Chad L Cumming, PLLC is a limited liability company (LLC) located in Little Rock, Arkansas that received a Coronavirus-related PPP loan from the SBA of $20,800.00 in April, 2020.

$ PPP Loan Information
Loan #5164127103

Loan Size:

$20,800

Jobs Retained:

1

Loan Approved:

2020-04-13

Loan Status:

Paid in Full or Forgiven

Lender:

Bank OZK

Chad L Cumming, PLLC in Little Rock, AR received a Paycheck Protection Loan of $20,800 through Bank OZK, 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 April, 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, Chad L Cumming, PLLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,800

Business Information - Chad L Cumming, PLLC in Little Rock, AR

Chad L Cumming, PLLC
Little Rock, AR
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Lawyers
NAICS code 541110

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, 269 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 1) and received an average PPP loan of $106,155 (compared to this company's $20,800).

Industry PPP Comparison Statistics

Nationwide, 200,895 businesses in the "Offices of Lawyers" industry received a total of $16.38B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 6 employees, 500% higher than Chad L Cumming, PLLC's reported 1 employees, and received an average PPP loan of $81,518, 292% higher than this company's loan of $20,800.

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/chad-l-cumming-pllc-little-rock-ar