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PPP Loan Data — Demetrius Lee,
Chicago, IL
Demetrius Lee
Entity: Independent Contractor
Industry: All Other Specialty Trade Contractors
Location: Chicago, IL
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Demetrius Lee is an independent contractor located in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $20,753.00 in May, 2021.
The company has reported itself as a male owned business, and employed at least one person during the applicable loan loan period.
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PPP Loan Information
Loan #5367449010
Loan Size:
Jobs Retained:
1Loan Approved:
2021-05-22Loan Status:
Ongoing LoanLender:
Harvest Small Business Finance, LLCDemetrius Lee in Chicago, IL received a Paycheck Protection Loan of $20,753 through Harvest Small Business Finance, LLC, which was approved in May, 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.
Reported PPP Proceed Usage:
On the PPP application, Demetrius Lee reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,753
Business Information - Demetrius Lee in Chicago, IL
Chicago, IL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
All Other Specialty Trade Contractors
NAICS code 238990
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Chicago
In the Chicago area, 27 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 1) and received an average PPP loan of $121,903 (compared to this company's $20,753).
Similar Nearby Businesses Who Received PPP Funding:
W.r. Weis Company Inc
Chicago, IL
A-Carr Auto Repair, Inc. DBA Carstar
Chicago, IL
Sydello Designs, LLC
Chicago, IL
XIN Guan
Chicago, IL
Maintenance Plus Services LLC
Chicago, IL
XI Xian Wu
Chicago, IL
Kenneth Lawal
Chicago, IL
Alfonso Velazquez
Chicago, IL
Industry PPP Comparison Statistics
Nationwide, 92,275 businesses in the "All Other Specialty Trade Contractors" industry received a total of $8.02B 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 8 employees, 700% higher than Demetrius Lee's reported 1 employees, and received an average PPP loan of $86,934, 319% higher than this company's loan of $20,753.
Demetrius Lee
Entity: Independent Contractor
Industry: All Other Specialty Trade Contractors
Location: Chicago, IL
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•
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Demetrius Lee is an independent contractor located in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $20,753.00 in May, 2021.
The company has reported itself as a male owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #6671908902
Loan Size:
Jobs Retained:
1Loan Approved:
2021-05-02Loan Status:
Paid in Full or ForgivenLender:
Fountainhead SBF LLCDemetrius Lee in Chicago, IL received a Paycheck Protection Loan of $20,753 through Fountainhead SBF LLC, which was approved in May, 2021.
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 September, 2021.
Reported PPP Proceed Usage:
On the PPP application, Demetrius Lee reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,753
Business Information - Demetrius Lee in Chicago, IL
Chicago, IL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
All Other Specialty Trade Contractors
NAICS code 238990
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Chicago
In the Chicago area, 27 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 1) and received an average PPP loan of $121,903 (compared to this company's $20,753).
Similar Nearby Businesses Who Received PPP Funding:
W.r. Weis Company Inc
Chicago, IL
A-Carr Auto Repair, Inc. DBA Carstar
Chicago, IL
Sydello Designs, LLC
Chicago, IL
XIN Guan
Chicago, IL
Maintenance Plus Services LLC
Chicago, IL
XI Xian Wu
Chicago, IL
Kenneth Lawal
Chicago, IL
Alfonso Velazquez
Chicago, IL
Industry PPP Comparison Statistics
Nationwide, 92,275 businesses in the "All Other Specialty Trade Contractors" industry received a total of $8.02B 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 8 employees, 700% higher than Demetrius Lee's reported 1 employees, and received an average PPP loan of $86,934, 319% higher than this company's loan of $20,753.
Demetrius Lee
Entity: Independent Contractor
Industry: Residential Remodelers
Location: Chicago, IL
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Demetrius Lee is an independent contractor located in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $20,752.00 in April, 2021.
The company has reported itself as a Black or african american male owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #1016348901
Loan Size:
Jobs Retained:
1Loan Approved:
2021-04-24Loan Status:
Ongoing LoanLender:
Prestamos CDFI, LLCDemetrius Lee in Chicago, IL received a Paycheck Protection Loan of $20,752 through Prestamos CDFI, LLC, 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.
Reported PPP Proceed Usage:
On the PPP application, Demetrius Lee reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,752
Business Information - Demetrius Lee in Chicago, IL
Chicago, IL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Residential Remodelers
NAICS code 236118
Business Owner Demographics
Race: Black or African American
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Chicago
In the Chicago area, 261 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $25,331 (compared to this company's $20,752).
Similar Nearby Businesses Who Received PPP Funding:
YU Cui
Chicago, IL
Schaedler Investment Group LLC
Chicago, IL
William Curry
Chicago, IL
Richard Moore
Chicago, IL
Sherita Knox
Chicago, IL
Denise Clark
Chicago, IL
Mark Richards
Chicago, IL
Vertison Velocity Inc
Chicago, IL
Industry PPP Comparison Statistics
Nationwide, 166,608 businesses in the "Residential Remodelers" industry received a total of $5.16B 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 3 employees, 200% higher than Demetrius Lee's reported 1 employees, and received an average PPP loan of $30,994, 49% higher than this company's loan of $20,752.
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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