PPP Loan Data — Deanna K. Swenson, Iowa Park, TX
Deanna K. Swenson
Entity: Sole Proprietorship
Industry: Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Location: Iowa Park, TXTweet This • Search All PPP Data
Deanna K. Swenson is a sole proprietorship located in Iowa Park, Texas that received a Coronavirus-related PPP loan from the SBA of $3,850.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least one person during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:First United Bank
Deanna K. Swenson in Iowa Park, TX received a Paycheck Protection Loan of $3,850 through First United Bank, 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.
Reported PPP Proceed Usage:
On the PPP application, Deanna K. Swenson reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,850
Business Information - Deanna K. Swenson in Iowa Park, TX
Iowa Park, TX
* Full address is redacted to protect the privacy of individuals.
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
NAICS code 424720
Business Owner Demographics
Gender: Female Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Iowa Park
In the Iowa Park area, 3 businesses in the "Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)" 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 $78,472 (compared to this company's $3,850).
Similar Nearby Businesses Who Received PPP Funding:
Holli-Tex Supply Co., LTD
Iowa Park, TX
Industry PPP Comparison Statistics
Nationwide, 3,477 businesses in the "Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)" industry received a total of $828.47M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 23 employees, 2200% higher than Deanna K. Swenson's reported 1 employees, and received an average PPP loan of $238,272, 6089% higher than this company's loan of $3,850.
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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