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

PPP Loan Data — Grant Shelton, Jonesboro, AR

ALERT: There are 2 PPP loans for a total of $17,135 in our database for businesses with the name "Grant Shelton" in Jonesboro, AR. 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 Grant Shelton
AR

Grant Shelton

Entity: Sole Proprietorship

Industry: Offices of Real Estate Agents and Brokers

Location: Jonesboro, AR

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Grant Shelton is a sole proprietorship located in Jonesboro, Arkansas that received a Coronavirus-related PPP loan from the SBA of $9,735.00 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 #7317978903

Loan Size:

$9,735

Jobs Retained:

1

Loan Approved:

2021-05-07

Loan Status:

Paid in Full or Forgiven

Lender:

First National Bank

Grant Shelton in Jonesboro, AR received a Paycheck Protection Loan of $9,735 through First National Bank, 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 October, 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, Grant Shelton reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $9,735

Business Information - Grant Shelton in Jonesboro, AR

Grant Shelton
Jonesboro, AR
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Real Estate Agents and Brokers
NAICS code 531210

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Craighead County, AR — SBA Office 0669 — Congressional District: AR-01

Businesses Using Same Address:

There is one other business that received a PPP loan registered to the same address as Grant Shelton.

James L Shelton
New Single-Family Housing Construction (except For-Sale Builders)

$13,400 PPP Loan

Similar Companies near Jonesboro

In the Jonesboro area, 58 businesses in the "Offices of Real Estate Agents and Brokers" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $10,526 (compared to this company's $9,735).

Industry PPP Comparison Statistics

Nationwide, 251,917 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.68B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 2 employees, 100% higher than Grant Shelton's reported 1 employees, and received an average PPP loan of $22,541, 132% higher than this company's loan of $9,735.

SBA PPP loan data, payroll data, and salaries for Grant Shelton
AR

Grant Shelton

Entity: Sole Proprietorship

Industry: Offices of Real Estate Agents and Brokers

Location: Jonesboro, AR

Search All PPP Data

Grant Shelton is a sole proprietorship located in Jonesboro, Arkansas that received a Coronavirus-related PPP loan from the SBA of $7,400.00 in April, 2020.

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 #8300177204

Loan Size:

$7,400

Jobs Retained:

1

Loan Approved:

2020-04-28

Loan Status:

Paid in Full or Forgiven

Lender:

First National Bank

Grant Shelton in Jonesboro, AR received a Paycheck Protection Loan of $7,400 through First 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 June, 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, Grant Shelton reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $5,920
  • Utilities: $740
  • Rent: $740

Business Information - Grant Shelton in Jonesboro, AR

Grant Shelton
Jonesboro, AR
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Offices of Real Estate Agents and Brokers
NAICS code 531210

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Craighead County, AR — SBA Office 0669 — Congressional District: AR-01

Similar Companies near Jonesboro

In the Jonesboro area, 64 businesses in the "Offices of Real Estate Agents and Brokers" 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 $17,295 (compared to this company's $7,400).

Industry PPP Comparison Statistics

Nationwide, 251,917 businesses in the "Offices of Real Estate Agents and Brokers" industry received a total of $5.68B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 2 employees, 100% higher than Grant Shelton's reported 1 employees, and received an average PPP loan of $22,541, 205% higher than this company's loan of $7,400.

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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Source: www.federalpay.org/paycheck-protection-program/grant-shelton-jonesboro-ar