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PPP Loan Data — Kimberly Sarai, Colorado Springs, CO

SBA PPP loan data, payroll data, and salaries for Kimberly Sarai
CO

Kimberly Sarai

Entity: Self-employed Individual

Industry: Child Day Care Services

Location: Colorado Springs, CO

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Kimberly Sarai is a self-employed individual located in Colorado Springs, Colorado that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in April, 2021.

$ PPP Loan Information
Loan #8867288700

Loan Size:

$20,833

Jobs Retained:

1

Loan Approved:

2021-04-08

Loan Status:

Ongoing Loan

Lender:

Harvest Small Business Finance, LLC

Kimberly Sarai in Colorado Springs, CO received a Paycheck Protection Loan of $20,833 through Harvest Small Business Finance, LLC, which was approved in April, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.


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, Kimberly Sarai reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,833

Business Information - Kimberly Sarai in Colorado Springs, CO

Kimberly Sarai
Colorado Springs, CO
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Child Day Care Services
NAICS code 624410

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

El Paso County, CO — SBA Office 0811 — Congressional District: CO-05

Similar Companies near Colorado Springs

In the Colorado Springs area, 24 businesses in the "Child Day Care Services" industry received a PPP loan. These local businesses reported an average of 16 employees (compared to this company's 1) and received an average PPP loan of $123,836 (compared to this company's $20,833).

Industry PPP Comparison Statistics

Nationwide, 132,794 businesses in the "Child Day Care Services" industry received a total of $5.53B 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 8 employees, 700% higher than Kimberly Sarai's reported 1 employees, and received an average PPP loan of $41,676, 100% 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/kimberly-sarai-colorado-springs-co