PPP Loan Data — Lisa Hansen - Hair Stylist, Minneapolis, MN
Lisa Hansen - Hair Stylist is a sole proprietorship located in Minneapolis, Minnesota that received a Coronavirus-related PPP loan from the SBA of $20,832.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least one person during the applicable loan loan period.
$ PPP Loan Information
Lender:THE FIRST NATIONAL BANK OF WASECA
Lisa Hansen - Hair Stylist received a Paycheck Protection Loan of $20,832 through THE FIRST NATIONAL BANK OF WASECA, which was approved in April, 2020.
Because Lisa Hansen - Hair Stylist is a Sole Proprietorship reporting a single employee, the PPP loan amount received may be based on the business's total income.
Based on PPP calculation rules, this business earned over $100,000 in 2019, and received the maximum possible PPP loan.
Business Information - Lisa Hansen - Hair Stylist in Minneapolis, MN
[FULL ADDRESS REDACTED]
Beauty Salons (NAICS code 812112)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: MN-05
Similar Companies near Minneapolis
In the Minneapolis area, 17 businesses in the "Beauty Salons" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 1) and received an average PPP loan of $322,125 (compared to this company's $20,832).
Similar Nearby Businesses Who Received PPP Funding:
Sanctuary Salonspa -Metro, LLC
Jaime Leigh Beauty And Aesthetics LLC
Katie M. Imp
Kids' Hair, LLC
John Steele Inc
Brian Graham Salon, Inc
Sheryl A. Sikora Inc.
VIP Nail & Hair Salon
Industry PPP Comparison Statistics
Nationwide, 93,531 businesses in the "Beauty Salons" industry received a total of $2,199,660,018.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, 200% higher than Lisa Hansen - Hair Stylist's reported 1 employees, and received an average PPP loan of $23,518, 13% higher than this company's loan of $20,832.
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. 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.
Have FederalPay.org's open data tools been valuable? Consider donating!