PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Leatherbury-Kalhagen LLC, Fairhope, AL

ALERT: There are 2 PPP loans for a total of $14,525 in our database for businesses with the name "Leatherbury-Kalhagen LLC" in Fairhope, AL. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Leatherbury-Kalhagen LLC
AL

Leatherbury-Kalhagen LLC

Entity: Limited Liability Company (LLC)

Industry: All Other Professional, Scientific, and Technical Services

Location: Fairhope, AL

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Leatherbury-Kalhagen LLC is a limited liability company (LLC) located in Fairhope, Alabama that received a Coronavirus-related PPP loan from the SBA of $7,000.00 in March, 2021.

$ PPP Loan Information
Loan #2776768710

Loan Size:

$7,000

Jobs Retained:

1

Loan Approved:

2021-03-30

Loan Status:

Ongoing Loan

Lender:

First Horizon Bank

Leatherbury-Kalhagen LLC in Fairhope, AL received a Paycheck Protection Loan of $7,000 through First Horizon Bank, which was approved in March, 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, Leatherbury-Kalhagen LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $6,999

Business Information - Leatherbury-Kalhagen LLC in Fairhope, AL

Leatherbury-Kalhagen LLC
Fairhope, AL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Baldwin County, AL — SBA Office 0459 — Congressional District: AL-01

Similar Companies near Fairhope

In the Fairhope area, 17 businesses in the "All Other Professional, Scientific, and Technical 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 $16,499 (compared to this company's $7,000).

Industry PPP Comparison Statistics

Nationwide, 129,763 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.41B 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 5 employees, 400% higher than Leatherbury-Kalhagen LLC's reported 1 employees, and received an average PPP loan of $57,091, 716% higher than this company's loan of $7,000.

SBA PPP loan data, payroll data, and salaries for Leatherbury-Kalhagen LLC
AL

Leatherbury-Kalhagen LLC

Entity: Limited Liability Company (LLC)

Industry: Freight Transportation Arrangement

Location: Fairhope, AL

Search All PPP Data

Leatherbury-Kalhagen LLC is a limited liability company (LLC) located in Fairhope, Alabama that received a Coronavirus-related PPP loan from the SBA of $7,525.00 in May, 2020.

$ PPP Loan Information
Loan #8731877302

Loan Size:

$7,525

Jobs Retained:

1

Loan Approved:

2020-05-01

Loan Status:

Ongoing Loan

Lender:

First Horizon Bank

Leatherbury-Kalhagen LLC in Fairhope, AL received a Paycheck Protection Loan of $7,525 through First Horizon Bank, which was approved in May, 2020.

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, Leatherbury-Kalhagen LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $7,525

Business Information - Leatherbury-Kalhagen LLC in Fairhope, AL

Leatherbury-Kalhagen LLC
Fairhope, AL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Freight Transportation Arrangement
NAICS code 488510

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Baldwin County, AL — SBA Office 0459 — Congressional District: AL-01

Similar Companies near Fairhope

In the Fairhope area, 3 businesses in the "Freight Transportation Arrangement" 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 $22,979 (compared to this company's $7,525).

Industry PPP Comparison Statistics

Nationwide, 26,171 businesses in the "Freight Transportation Arrangement" industry received a total of $1.88B 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 7 employees, 600% higher than Leatherbury-Kalhagen LLC's reported 1 employees, and received an average PPP loan of $72,001, 857% higher than this company's loan of $7,525.

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.

Search FederalPay's Full PPP Loan Database

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/leatherbury-kalhagen-llc-fairhope-al