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PPP Loan Data — Johnny Luce,
Austin, TX
Johnny Luce
Entity: Sole Proprietorship
Industry: Custom Computer Programming Services
Location: Austin, TX
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Johnny Luce is a sole proprietorship located in Austin, Texas that received a Coronavirus-related PPP loan from the SBA of $6,949.00 in April, 2021.
$
PPP Loan Information
Loan #5417228801
Loan Size:
Jobs Retained:
1Loan Approved:
2021-04-17Loan Status:
Paid in Full or ForgivenLender:
University FCUJohnny Luce in Austin, TX received a Paycheck Protection Loan of $6,949 through University FCU, 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 December, 2021.
Reported PPP Proceed Usage:
On the PPP application, Johnny Luce reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $6,948
- Utilities: $1
Business Information - Johnny Luce in Austin, TX
Austin, TX
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Custom Computer Programming Services
NAICS code 541511
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
Similar Companies near Austin
In the Austin area, 60 businesses in the "Custom Computer Programming Services" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 1) and received an average PPP loan of $263,176 (compared to this company's $6,949).
Similar Nearby Businesses Who Received PPP Funding:
Phaser Lock Interactive Inc
Austin, TX
Growth Acceleration Partners LLC
Austin, TX
Ironone Technologies LLC
Austin, TX
TE Andrews Holdings LLC
Austin, TX
Flueid Software Corporation
Austin, TX
Crawford Consulting Sdc
Austin, TX
Headspring LLC
Austin, TX
Itexico, LLC
Austin, TX
Geers Consulting LLC
Austin, TX
Industry PPP Comparison Statistics
Nationwide, 42,869 businesses in the "Custom Computer Programming Services" industry received a total of $6.65B 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 10 employees, 900% higher than Johnny Luce's reported 1 employees, and received an average PPP loan of $155,041, 2131% higher than this company's loan of $6,949.
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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