PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Elizabeth Kang, Santa Monica, CA

ALERT: There are 2 PPP loans for a total of $2,710 in our database for businesses with the name "Elizabeth Kang" in Santa Monica, CA. 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 Elizabeth Kang
CA

Elizabeth Kang

Entity: Sole Proprietorship

Industry: All Other Professional, Scientific, and Technical Services

Location: Santa Monica, CA

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Elizabeth Kang is a sole proprietorship located in Santa Monica, California that received a Coronavirus-related PPP loan from the SBA of $1,355.00 in March, 2021.

$ PPP Loan Information
Loan #5670588503

Loan Size:

$1,355

Jobs Retained:

1

Loan Approved:

2021-03-01

Loan Status:

Ongoing Loan

Lender:

Square Capital, LLC

Elizabeth Kang in Santa Monica, CA received a Paycheck Protection Loan of $1,355 through Square Capital, LLC, 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, Elizabeth Kang reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,355

Business Information - Elizabeth Kang in Santa Monica, CA

Elizabeth Kang
Santa Monica, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990

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

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-33

Similar Companies near Santa Monica

In the Santa Monica area, 61 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $64,191 (compared to this company's $1,355).

Industry PPP Comparison Statistics

Nationwide, 128,302 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.37B 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 5 employees, 400% higher than Elizabeth Kang's reported 1 employees, and received an average PPP loan of $57,481, 4142% higher than this company's loan of $1,355.

SBA PPP loan data, payroll data, and salaries for Elizabeth Kang
CA

Elizabeth Kang

Entity: Sole Proprietorship

Industry: Other Specialized Design Services

Location: Santa Monica, CA

Search All PPP Data

Elizabeth Kang is a sole proprietorship located in Santa Monica, California that received a Coronavirus-related PPP loan from the SBA of $1,355.00 in May, 2020.

$ PPP Loan Information
Loan #3722187400

Loan Size:

$1,355

Jobs Retained:

1

Loan Approved:

2020-05-07

Loan Status:

Paid in Full or Forgiven

Lender:

Square Capital, LLC

Elizabeth Kang in Santa Monica, CA received a Paycheck Protection Loan of $1,355 through Square Capital, LLC, which was approved in May, 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 March, 2021.


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, Elizabeth Kang reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,355

Business Information - Elizabeth Kang in Santa Monica, CA

Elizabeth Kang
Santa Monica, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Other Specialized Design Services
NAICS code 541490

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

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-33

Similar Companies near Santa Monica

In the Santa Monica area, 12 businesses in the "Other Specialized Design Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 1) and received an average PPP loan of $110,032 (compared to this company's $1,355).

Industry PPP Comparison Statistics

Nationwide, 15,146 businesses in the "Other Specialized Design Services" industry received a total of $592.36M 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 3 employees, 200% higher than Elizabeth Kang's reported 1 employees, and received an average PPP loan of $39,110, 2786% higher than this company's loan of $1,355.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/elizabeth-kang-santa-monica-ca