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PPP Loan Data — Louann Smith Lcsw PC,
Brooklyn, NY
Louann Smith Lcsw PC
Entity: Subchapter S Corporation
Industry: Other Individual and Family Services
Location: Brooklyn, NY
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Louann Smith Lcsw PC is a subchapter s corporation located in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $4,600.00 in August, 2020.
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PPP Loan Information
Loan #4670928210
Loan Size:
Jobs Retained:
1Loan Approved:
2020-08-06Loan Status:
Paid in Full or ForgivenLender:
Itria Ventures LLCLouann Smith Lcsw PC in Brooklyn, NY received a Paycheck Protection Loan of $4,600 through Itria Ventures LLC, which was approved in August, 2020.
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 August, 2021.
Reported PPP Proceed Usage:
On the PPP application, Louann Smith Lcsw PC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $4,600
Business Information - Louann Smith Lcsw PC in Brooklyn, NY
Brooklyn, NY
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Other Individual and Family Services
NAICS code 624190
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age:
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Brooklyn
In the Brooklyn area, 16 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 104 employees (compared to this company's 1) and received an average PPP loan of $943,336 (compared to this company's $4,600).
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Industry PPP Comparison Statistics
Nationwide, 24,879 businesses in the "Other Individual and Family Services" industry received a total of $2.96B 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 16 employees, 1500% higher than Louann Smith Lcsw PC's reported 1 employees, and received an average PPP loan of $118,810, 2483% higher than this company's loan of $4,600.
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. 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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