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

PPP Loan Data — Federal Financial Analytics Inc, Washington, DC

ALERT: There are 2 PPP loans for a total of $146,127 in our database for businesses with the name "Federal Financial Analytics Inc" in Washington, DC. 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 Federal Financial Analytics Inc
DC

Federal Financial Analytics Inc

Entity: Corporation

Industry: All Other Information Services

Location: Washington, DC

Search All PPP Data

Federal Financial Analytics Inc is a corporation located at 2101 L St Nw Ste 300 in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $63,442.00 in February, 2021.

The company has reported itself as a White female owned business, and employed at least five people during the applicable loan loan period.

$ PPP Loan Information
Loan #2523198402

Loan Size:

$63,442

Jobs Retained:

5

Loan Approved:

2021-02-03

Loan Status:

Ongoing Loan

Lender:

City National Bank

Federal Financial Analytics Inc in Washington, DC received a Paycheck Protection Loan of $63,442 through City National Bank, which was approved in February, 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.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Federal Financial Analytics Inc's 2019 payroll expenses are estimated to be at least $304,522.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $60,904 per employee1

Reported PPP Proceed Usage:

On the PPP application, Federal Financial Analytics Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $63,439

Business Information - Federal Financial Analytics Inc in Washington, DC

Federal Financial Analytics Inc
2101 L St Nw Ste 300
Washington, DC 20037

Business Industry:
All Other Information Services
NAICS code 519190

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

District Of Columbia County, DC — SBA Office 0353 — Congressional District: DC-

Similar Companies near Washington

In the Washington area, 9 businesses in the "All Other Information Services" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 5) and received an average PPP loan of $374,293 (compared to this company's $63,442).

Industry PPP Comparison Statistics

Nationwide, 9,547 businesses in the "All Other Information Services" industry received a total of $665.66M 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 5 employees, the same amount reported by Federal Financial Analytics Inc and received an average PPP loan of $69,724, 10% higher than this company's loan of $63,442.

SBA PPP loan data, payroll data, and salaries for Federal Financial Analytics, Inc
DC

Federal Financial Analytics, Inc

Entity: Corporation

Industry: Administrative Management and General Management Consulting Services

Location: Washington, DC

Search All PPP Data

Federal Financial Analytics, Inc is a corporation located at 2101 L St, Nw Suite 300 in Washington, District of Columbia that received a Coronavirus-related PPP loan from the SBA of $82,685.00 in April, 2020.

The company has reported itself as a White female owned business, and employed at least five people during the applicable loan loan period.

$ PPP Loan Information
Loan #3309447304

Loan Size:

$82,685

Jobs Retained:

5

Loan Approved:

2020-04-29

Loan Status:

Paid in Full or Forgiven

Lender:

City National Bank

Federal Financial Analytics, Inc in Washington, DC received a Paycheck Protection Loan of $82,685 through City National 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 May, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Federal Financial Analytics, Inc's 2019 payroll expenses are estimated to be at least $396,888.

Based on their reported 5 jobs retained, this equals an estimated average yearly compensation of $79,378 per employee1

Reported PPP Proceed Usage:

On the PPP application, Federal Financial Analytics, Inc reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $82,685

Business Information - Federal Financial Analytics, Inc in Washington, DC

Federal Financial Analytics, Inc
2101 L St, Nw Suite 300
Washington, DC 20037

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

District Of Columbia County, DC — SBA Office 0353 — Congressional District: DC-

Similar Companies near Washington

In the Washington area, 70 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 5) and received an average PPP loan of $299,591 (compared to this company's $82,685).

Industry PPP Comparison Statistics

Nationwide, 95,340 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.53B 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 5 employees, the same amount reported by Federal Financial Analytics, Inc and received an average PPP loan of $57,963, 30% lower than this company's loan of $82,685.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/federal-financial-analytics-inc-washington-dc