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PPP Loan Data — Edward G Brown, Woodland Hills, CA

SBA PPP loan data, payroll data, and salaries for Edward G Brown
CA

Edward G Brown

Entity: Sole Proprietorship

Industry: Miscellaneous Financial Investment Activities

Location: Woodland Hills, CA

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Edward G Brown is a sole proprietorship located in Woodland Hills, California that received a Coronavirus-related PPP loan from the SBA of $20,832.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$20,832

Jobs Retained:

1

Loan Approved:

2020-04-29

Lender:

WEBBANK

Edward G Brown received a Paycheck Protection Loan of $20,832 through WEBBANK, which was approved in April, 2020.

Because Edward G Brown is a Sole Proprietorship reporting a single employee, the PPP loan amount received may be based on the business's total income.

Based on PPP calculation rules, this business earned over $100,000 in 2019, and received the maximum possible PPP loan.

Business Information - Edward G Brown in Woodland Hills, CA

Edward G Brown
[FULL ADDRESS REDACTED]
Woodland Hills, CA

Business Industry

Miscellaneous Financial Investment Activities (NAICS code 523999)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-30

Similar Companies near Woodland Hills

In the Woodland Hills area, 4 businesses in the "Miscellaneous Financial Investment Activities" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 1) and received an average PPP loan of $895,906 (compared to this company's $20,832).

Industry PPP Comparison Statistics

Nationwide, 6,430 businesses in the "Miscellaneous Financial Investment Activities" industry received a total of $418,863,551.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, 400% higher than Edward G Brown's reported 1 employees, and received an average PPP loan of $65,142, 213% higher than this company's loan of $20,832.

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.

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Footnotes & Information

1. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/edward-g-brown-woodland-hills-ca