PPP Loan Data — Katrina C M Haynes, CPA, Sandy Springs, GA
Katrina C M Haynes, CPA is a sole proprietorship located in Sandy Springs, Georgia that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in June, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:MBE Capital Partners
Katrina C M Haynes, CPA in Sandy Springs, GA received a Paycheck Protection Loan of $25,000 through MBE Capital Partners, which was approved in June, 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, Katrina C M Haynes, CPA reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Katrina C M Haynes, CPA in Sandy Springs, GA
Sandy Springs, GA
* Full address is redacted to protect the privacy of individuals.
Tax Preparation Services
NAICS code 541213
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Sandy Springs
In the Sandy Springs area, 38 businesses in the "Tax Preparation Services" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $19,845 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Quicktax Refund LLC
Expedited Tax And Travel Service
Howard I Ginsburg DBA Ginsburg CPA & Associates, LLC
Ahlynn Wright Roberts
Sandy Springs, GA
Industry PPP Comparison Statistics
Nationwide, 50,853 businesses in the "Tax Preparation Services" industry received a total of $1.1B 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 3 employees, 200% higher than Katrina C M Haynes, CPA's reported 1 employees, and received an average PPP loan of $21,684, 13% lower 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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