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PPP Loan Data — Makala Moore, Clayton, NC

SBA PPP loan data, payroll data, and salaries for Makala Moore
NC

Makala Moore

Entity: Sole Proprietorship

Industry: Taxi Service

Location: Clayton, NC

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Makala Moore is a sole proprietorship located in Clayton, North Carolina that received a Coronavirus-related PPP loan from the SBA of $16,637.00 in April, 2021.

The company has reported itself as a Black or african american female owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #5329818910

Loan Size:

$16,637

Jobs Retained:

1

Loan Approved:

2021-04-29

Loan Status:

Paid in Full or Forgiven

Lender:

Capital Plus Financial, LLC

Makala Moore in Clayton, NC received a Paycheck Protection Loan of $16,637 through Capital Plus Financial, LLC, which was approved in April, 2021.

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 September, 2021.


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, Makala Moore reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $16,633

Business Information - Makala Moore in Clayton, NC

Makala Moore
Clayton, NC
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Taxi Service
NAICS code 485310

Business Owner Demographics

Race: Black or African American

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Rural

Johnston County, NC — SBA Office 0460 — Congressional District: NC-07

Similar Companies near Clayton

In the Clayton area, 15 businesses in the "Taxi Service" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $11,815 (compared to this company's $16,637).

Industry PPP Comparison Statistics

Nationwide, 251,000 businesses in the "Taxi Service" industry received a total of $2.94B 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 1 employees, the same amount reported by Makala Moore and received an average PPP loan of $11,717, 30% lower than this company's loan of $16,637.

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/makala-moore-clayton-nc