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PPP Loan Data — Iron Birch Advisors, New York, NY

SBA PPP loan data, payroll data, and salaries for Iron Birch Advisors
NY

Iron Birch Advisors

Entity: Sole Proprietorship

Industry: Investment Advice

Location: New York, NY

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Iron Birch Advisors is a sole proprietorship located in New York, New York that received a Coronavirus-related PPP loan from the SBA of $17,481.00 in June, 2020.

$ PPP Loan Information
Loan #4537787907

Loan Size:

$17,481

Jobs Retained:

1

Loan Approved:

2020-06-14

Loan Status:

Paid in Full or Forgiven

Lender:

Cross River Bank

Iron Birch Advisors in New York, NY received a Paycheck Protection Loan of $17,481 through Cross River Bank, which was approved in June, 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 February, 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, Iron Birch Advisors reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $17,481

Business Information - Iron Birch Advisors in New York, NY

Iron Birch Advisors
New York, NY
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Investment Advice
NAICS code 523930

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Non-Veteran

Business Demographics

Business Age:

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

New York County, NY — SBA Office 0202 — Congressional District: NY-12

Businesses Using Same Address:

There are 3 other businesses that received a PPP loan registered to the same address as Iron Birch Advisors.

Andrew Lindenberg
Investment Advice

$20,833 PPP Loan

Anthony Rocchio
Investment Advice

$20,833 PPP Loan

Mediphore Inc
Other Management Consulting Services

$113,102 PPP Loan

Similar Companies near New York

In the New York area, 135 businesses in the "Investment Advice" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 1) and received an average PPP loan of $132,991 (compared to this company's $17,481).

Industry PPP Comparison Statistics

Nationwide, 31,995 businesses in the "Investment Advice" industry received a total of $1.44B 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 4 employees, 300% higher than Iron Birch Advisors' reported 1 employees, and received an average PPP loan of $45,146, 158% higher than this company's loan of $17,481.

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/iron-birch-advisors-new-york-ny