Dexter Donkor in Largo, MD - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Dexter Donkor, Largo, MD

Dexter Donkor

Entity: Self-employed Individual

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: Largo, MD

Dexter Donkor is a self-employed individual located in Largo, Maryland that received a Coronavirus-related PPP loan from the SBA of $19,912.00 in July, 2020.

$ PPP Loan Information
Loan #2064668205

Loan Size:

$19,912

Jobs Retained:

Loan Approved:

2020-07-31

Loan Status:

Ongoing Loan

Lender:

Kabbage, Inc.

Dexter Donkor in Largo, MD received a Paycheck Protection Loan of $19,912 through Kabbage, Inc., which was approved in July, 2020.

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, Dexter Donkor reported intending to use the proceeds of their PPP loan for the following expenses:

Payroll: $19,912

Business Information - Dexter Donkor in Largo, MD

Dexter Donkor
Largo, MD
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220

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

Prince Georges County, MD — SBA Office 0353 — Congressional District: MD-04

Similar Companies near Largo

In the Largo area, 21 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 60 employees (compared to this company's 1) and received an average PPP loan of $967,216 (compared to this company's $19,912).

Similar Nearby Businesses Who Received PPP Funding:

Dexter Donkor
Upper Marlboro, MD

$19,912 PPP Loan

Wander Ceballos Paniagua
Upper Marlboro, MD

$20,832 PPP Loan

Kogok Corporation
Upper Marlboro, MD

$5.86M PPP Loan

Tanisha Dildy
Upper Marlboro, MD

$20,833 PPP Loan

Jauvenel Leveille
Upper Marlboro, MD

$20,832 PPP Loan

The Severn Group, Inc
Upper Marlboro, MD

$3.65M PPP Loan

Crockett Air Solutions LLC
Upper Marlboro, MD

$20,422 PPP Loan

Dave And Sons Plumbing LLC
Upper Marlboro, MD

$51,267 PPP Loan

J. & L. Mavilia Inc
Upper Marlboro, MD

$69,280 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 106,202 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.08B 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 10 employees, 900% higher than Dexter Donkor's reported 1 employees, and received an average PPP loan of $123,134, 518% higher than this company's loan of $19,912.

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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