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PPP Loan Data — Juan Jose Tejada Ventura, West Hazleton, PA

SBA PPP loan data, payroll data, and salaries for Juan Jose Tejada Ventura
PA

Juan Jose Tejada Ventura

Entity: Sole Proprietorship

Industry: Electrical Contractors and Other Wiring Installation Contractors

Location: West Hazleton, PA

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Juan Jose Tejada Ventura is a sole proprietorship located in West Hazleton, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in February, 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 #4741768404

Loan Size:

$20,833

Jobs Retained:

1

Loan Approved:

2021-02-06

Loan Status:

Paid in Full or Forgiven

Lender:

Itria Ventures LLC

Juan Jose Tejada Ventura in West Hazleton, PA received a Paycheck Protection Loan of $20,833 through Itria Ventures LLC, which was approved in February, 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, Juan Jose Tejada Ventura reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,833

Business Information - Juan Jose Tejada Ventura in West Hazleton, PA

Juan Jose Tejada Ventura
West Hazleton, PA
* Full address is redacted to protect the privacy of individuals.

Business Owner Demographics

Race: Unreported

Ethnicity: 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: N

Rural / Urban: Urban

Luzerne County, PA — SBA Office 0303 — Congressional District: PA-08

Similar Companies near West Hazleton

In the West Hazleton area, 5 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 1) and received an average PPP loan of $377,983 (compared to this company's $20,833).

Industry PPP Comparison Statistics

Nationwide, 81,495 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $11.75B 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 11 employees, 1000% higher than Juan Jose Tejada Ventura's reported 1 employees, and received an average PPP loan of $144,173, 592% higher than this company's loan of $20,833.

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.

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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/juan-jose-tejada-ventura-west-hazleton-pa