PPP Loan Data — James Reynolds, Sulphur, LA
Entity: Sole Proprietorship
Location: Sulphur, LATweet This • Search All PPP Data
James Reynolds is a sole proprietorship located in Sulphur, Louisiana that received a Coronavirus-related PPP loan from the SBA of $5,298.00 in March, 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 Status:Active Un-Disbursed
Lender:Harvest Small Business Finance, LLC
James Reynolds in Sulphur, LA received a Paycheck Protection Loan of $5,298 through Harvest Small Business Finance, LLC, which was approved in March, 2021.
While this loan has been approved by the Small Business Administration, the lender has not reported to the SBA that the loan funds were disbursed to the borrower. According to SBA records, a total of $5,298 in approved PPP funding has not been disbursed. The loan's status was last updated by the SBA in March, 2021.
Reported PPP Proceed Usage:
On the PPP application, James Reynolds reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $5,298
Business Information - James Reynolds in Sulphur, LA
* Full address is redacted to protect the privacy of individuals.
All Other Professional, Scientific, and Technical Services
NAICS code 541990
Business Owner Demographics
Gender: Male Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Sulphur
In the Sulphur area, 6 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 1) and received an average PPP loan of $641,382 (compared to this company's $5,298).
Similar Nearby Businesses Who Received PPP Funding:
Advanced Corrosion Technologies & Training, LLC
Southern Title & License LLC
Asian Relax Lucy LLC
Industry PPP Comparison Statistics
Nationwide, 110,498 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 500% higher than James Reynolds' reported 1 employees, and received an average PPP loan of $63,335, 1095% higher than this company's loan of $5,298.
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.
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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