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PPP Loan Data — Hassan Abdi, Saint Paul, MN

ALERT: There are 4 PPP loans for a total of $25,874 in our database for businesses with the name "Hassan Abdi" in Saint Paul, MN. 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 Hassan Abdi
MN

Hassan Abdi

Entity: Sole Proprietorship

Industry: Taxi Service

Location: Saint Paul, MN

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Hassan Abdi is a sole proprietorship located in Saint Paul, Minnesota that received a Coronavirus-related PPP loan from the SBA of $14,703.00 in May, 2021.

$ PPP Loan Information
Loan #2555699008

Loan Size:

$14,703

Jobs Retained:

1

Loan Approved:

2021-05-17

Loan Status:

Paid in Full or Forgiven

Lender:

Capital Plus Financial, LLC

Hassan Abdi in Saint Paul, MN received a Paycheck Protection Loan of $14,703 through Capital Plus Financial, LLC, 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 January, 2022.


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, Hassan Abdi reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $14,703

Business Information - Hassan Abdi in Saint Paul, MN

Hassan Abdi
Saint Paul, MN
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Taxi Service
NAICS code 485310

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

Ramsey County, MN — SBA Office 0508 — Congressional District: MN-04

Businesses Using Same Address:

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

Hassan Abdi
Taxi Service

$7,238 PPP Loan

Similar Companies near Saint Paul

In the Saint Paul area, 109 businesses in the "Taxi Service" 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 $8,934 (compared to this company's $14,703).

Industry PPP Comparison Statistics

Nationwide, 250,853 businesses in the "Taxi Service" industry received a total of $2.94B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 1 employees, the same amount reported by Hassan Abdi and received an average PPP loan of $11,713, 20% lower than this company's loan of $14,703.

SBA PPP loan data, payroll data, and salaries for Hassan Abdi
MN

Hassan Abdi

Entity: Sole Proprietorship

Industry: All Other Business Support Services

Location: Saint Paul, MN

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Hassan Abdi is a sole proprietorship located in Saint Paul, Minnesota that received a Coronavirus-related PPP loan from the SBA of $1,220.00 in April, 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 #3441118902

Loan Size:

$1,220

Jobs Retained:

1

Loan Approved:

2021-04-28

Loan Status:

Paid in Full or Forgiven

Lender:

Fountainhead SBF LLC

Hassan Abdi in Saint Paul, MN received a Paycheck Protection Loan of $1,220 through Fountainhead SBF LLC, which was approved in April, 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 September, 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, Hassan Abdi reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,220

Business Information - Hassan Abdi in Saint Paul, MN

Hassan Abdi
Saint Paul, MN
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Business Support Services
NAICS code 561499

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Ramsey County, MN — SBA Office 0508 — Congressional District: MN-04

Similar Companies near Saint Paul

In the Saint Paul area, 4 businesses in the "All Other Business Support Services" 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 $11,026 (compared to this company's $1,220).

Industry PPP Comparison Statistics

Nationwide, 51,618 businesses in the "All Other Business Support Services" industry received a total of $2.6B 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 7 employees, 600% higher than Hassan Abdi's reported 1 employees, and received an average PPP loan of $50,343, 4026% higher than this company's loan of $1,220.

SBA PPP loan data, payroll data, and salaries for Hassan Abdi
MN

Hassan Abdi

Entity: Sole Proprietorship

Industry: All Other Business Support Services

Location: Saint Paul, MN

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Hassan Abdi is a sole proprietorship located in Saint Paul, Minnesota that received a Coronavirus-related PPP loan from the SBA of $1,220.00 in April, 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 #3198508802

Loan Size:

$1,220

Jobs Retained:

1

Loan Approved:

2021-04-14

Loan Status:

Paid in Full or Forgiven

Lender:

Harvest Small Business Finance, LLC

Hassan Abdi in Saint Paul, MN received a Paycheck Protection Loan of $1,220 through Harvest Small Business Finance, LLC, which was approved in April, 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 September, 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, Hassan Abdi reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $1,220

Business Information - Hassan Abdi in Saint Paul, MN

Hassan Abdi
Saint Paul, MN
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Business Support Services
NAICS code 561499

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Ramsey County, MN — SBA Office 0508 — Congressional District: MN-04

Similar Companies near Saint Paul

In the Saint Paul area, 4 businesses in the "All Other Business Support Services" 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 $11,026 (compared to this company's $1,220).

Industry PPP Comparison Statistics

Nationwide, 51,618 businesses in the "All Other Business Support Services" industry received a total of $2.6B 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 7 employees, 600% higher than Hassan Abdi's reported 1 employees, and received an average PPP loan of $50,343, 4026% higher than this company's loan of $1,220.

SBA PPP loan data, payroll data, and salaries for Hassan Abdi
MN

Hassan Abdi

Entity: Sole Proprietorship

Industry: General Freight Trucking, Local

Location: Saint Paul, MN

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Hassan Abdi is a sole proprietorship located in Saint Paul, Minnesota that received a Coronavirus-related PPP loan from the SBA of $8,731.00 in April, 2021.

The company has reported itself as a Black or african american male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #4362078703

Loan Size:

$8,731

Jobs Retained:

1

Loan Approved:

2021-04-01

Loan Status:

Paid in Full or Forgiven

Lender:

Cross River Bank

Hassan Abdi in Saint Paul, MN received a Paycheck Protection Loan of $8,731 through Cross River Bank, which was approved in April, 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, Hassan Abdi reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $8,731

Business Information - Hassan Abdi in Saint Paul, MN

Hassan Abdi
Saint Paul, MN
* Full address is redacted to protect the privacy of individuals.

Business Industry:
General Freight Trucking, Local
NAICS code 484110

Business Owner Demographics

Race: Black or African American

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Ramsey County, MN — SBA Office 0508 — Congressional District: MN-04

Similar Companies near Saint Paul

In the Saint Paul area, 49 businesses in the "General Freight Trucking, Local" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 1) and received an average PPP loan of $141,169 (compared to this company's $8,731).

Industry PPP Comparison Statistics

Nationwide, 172,277 businesses in the "General Freight Trucking, Local" industry received a total of $6.51B 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 4 employees, 300% higher than Hassan Abdi's reported 1 employees, and received an average PPP loan of $37,800, 333% higher than this company's loan of $8,731.

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/hassan-abdi-saint-paul-mn