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PPP Loan Data — Christina Shourds,
Grand Rapids, MI
Christina Shourds
Entity: Sole Proprietorship
Industry: Offices of Lawyers
Location: Grand Rapids, MI
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Christina Shourds is a sole proprietorship located in Grand Rapids, Michigan that received a Coronavirus-related PPP loan from the SBA of $8,397.00 in June, 2020.
$
PPP Loan Information
Loan #2238657904
Loan Size:
Jobs Retained:
1Loan Approved:
2020-06-11Loan Status:
Paid in Full or ForgivenLender:
WebBankChristina Shourds in Grand Rapids, MI received a Paycheck Protection Loan of $8,397 through WebBank, which was approved in June, 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 February, 2021.
Reported PPP Proceed Usage:
On the PPP application, Christina Shourds reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $8,397
Business Information - Christina Shourds in Grand Rapids, MI
Grand Rapids, MI
* 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
Similar Companies near Grand Rapids
In the Grand Rapids area, 46 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 $104,486 (compared to this company's $8,397).
Similar Nearby Businesses Who Received PPP Funding:
Fisher & Dickinson PC
Grand Rapids, MI
Joseph P. Linck, Plc DBA Linck Law, Plc
Grand Rapids, MI
Velzen Johnsen & Wikander PC
Grand Rapids, MI
Timothy J. Stoner Law Offices, PC
Grand Rapids, MI
Spitzley Legal Plc
Grand Rapids, MI
Brian Andrew
Grand Rapids, MI
Conroy Law, Plc
Grand Rapids, MI
Emily Maltby
Grand Rapids, MI
Halvas Law Firm PLLC
East Grand Rapids, MI
Industry PPP Comparison Statistics
Nationwide, 200,503 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 Christina Shourds' reported 1 employees, and received an average PPP loan of $81,670, 873% higher than this company's loan of $8,397.
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.
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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