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PPP Loan Data — Cindy Mcfield Asamoah, Brooklyn, NY

ALERT: There are 2 PPP loans for a total of $4,930 in our database for businesses with the name "Cindy Mcfield Asamoah" in Brooklyn, NY. 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 Cindy Mcfield Asamoah
NY

Cindy Mcfield Asamoah

Entity: Limited Liability Company (LLC)

Industry: Offices of Real Estate Agents and Brokers

Location: Brooklyn, NY

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Cindy Mcfield Asamoah is a limited liability company (LLC) located in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $2,479.00 in April, 2021.

The company has reported itself as a Black or african american female owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #6561978704

Loan Size:

$2,479

Jobs Retained:

1

Loan Approved:

2021-04-04

Loan Status:

Ongoing Loan

Lender:

BOC Capital Corportion

Cindy Mcfield Asamoah in Brooklyn, NY received a Paycheck Protection Loan of $2,479 through BOC Capital Corportion, which was approved in April, 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. The loan's status was last updated by the SBA in November, -0001.


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, Cindy Mcfield Asamoah reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,479

Business Information - Cindy Mcfield Asamoah in Brooklyn, NY

Cindy Mcfield Asamoah
Brooklyn, NY
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Real Estate Agents and Brokers
NAICS code 531210

Business Owner Demographics

Race: Black or African American

Ethnicity: Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Urban

Kings County, NY — SBA Office 0202 — Congressional District: NY-09

Similar Companies near Brooklyn

In the Brooklyn area, 91 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $46,403 (compared to this company's $2,479).

Industry PPP Comparison Statistics

Nationwide, 251,917 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.68B 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 2 employees, 100% higher than Cindy Mcfield Asamoah's reported 1 employees, and received an average PPP loan of $22,541, 809% higher than this company's loan of $2,479.

SBA PPP loan data, payroll data, and salaries for Cindy Mcfield Asamoah
NY

Cindy Mcfield Asamoah

Entity: Sole Proprietorship

Industry: Child Day Care Services

Location: Brooklyn, NY

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Cindy Mcfield Asamoah is a sole proprietorship located in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $2,451.00 in March, 2021.

The company has reported itself as a Black or african american female owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #9102928607

Loan Size:

$2,451

Jobs Retained:

1

Loan Approved:

2021-03-25

Loan Status:

Ongoing Loan

Lender:

BOC Capital Corportion

Cindy Mcfield Asamoah in Brooklyn, NY received a Paycheck Protection Loan of $2,451 through BOC Capital Corportion, 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. The loan's status was last updated by the SBA in November, -0001.


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, Cindy Mcfield Asamoah reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,451

Business Information - Cindy Mcfield Asamoah in Brooklyn, NY

Cindy Mcfield Asamoah
Brooklyn, NY
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Child Day Care Services
NAICS code 624410

Business Owner Demographics

Race: Black or African American

Ethnicity: Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Urban

Kings County, NY — SBA Office 0202 — Congressional District: NY-09

Similar Companies near Brooklyn

In the Brooklyn area, 112 businesses in the "Child Day Care Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 1) and received an average PPP loan of $45,623 (compared to this company's $2,451).

Industry PPP Comparison Statistics

Nationwide, 128,982 businesses in the "Child Day Care Services" industry received a total of $5.47B 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 8 employees, 700% higher than Cindy Mcfield Asamoah's reported 1 employees, and received an average PPP loan of $42,417, 1631% higher than this company's loan of $2,451.

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/cindy-mcfield-asamoah-brooklyn-ny