PPP Loan Data — ISR Kaley, LLC, Kensington, MD
ISR Kaley, LLC is a limited liability company (LLC) located in Kensington, Maryland that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in April, 2020.
The company has reported itself as a female owned business, and employed at least one person during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
ISR Kaley, LLC in Kensington, MD received a Paycheck Protection Loan of $25,000 through United Bank, which was approved in April, 2020.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, ISR Kaley, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - ISR Kaley, LLC in Kensington, MD
* Full address is redacted to protect the privacy of individuals.
Educational Support Services
NAICS code 611710
Business Owner Demographics
Gender: Female Owned
Veteran Status: Unreported
Business Age: New Business or 2 years or less
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Kensington
In the Kensington area, 6 businesses in the "Educational Support Services" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 1) and received an average PPP loan of $37,531 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Spring Bilingual Montessori Academy Inc
Fundamental Learning LLC
National Association For Children Of Alcoholics
Industry PPP Comparison Statistics
Nationwide, 39,474 businesses in the "Educational Support Services" industry received a total of $2.35B 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 ISR Kaley, LLC's reported 1 employees, and received an average PPP loan of $59,417, 138% higher than this company's loan of $25,000.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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