FederalPay.org
PPP Loan Data — MEF Consulting LLC,
Redwood City, CA
MEF Consulting LLC
Entity: Limited Liability Company (LLC)
Industry: Administrative Management and General Management Consulting Services
Location: Redwood City, CA
Tweet This
•
Search All PPP Data
MEF Consulting LLC is a limited liability company (LLC) located in Redwood City, California that received a Coronavirus-related PPP loan from the SBA of $13,020.00 in July, 2020.
$
PPP Loan Information
Loan #9681658101
Loan Size:
Jobs Retained:
1Loan Approved:
2020-07-29Loan Status:
Ongoing LoanLender:
JPMorgan Chase Bank, National AssociationMEF Consulting LLC in Redwood City, CA received a Paycheck Protection Loan of $13,020 through JPMorgan Chase Bank, National Association, which was approved in July, 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.
Reported PPP Proceed Usage:
On the PPP application, MEF Consulting LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $13,020
Business Information - MEF Consulting LLC in Redwood City, CA
Redwood City, CA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Administrative Management and General Management Consulting Services
NAICS code 541611
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: New Business or 2 years or less
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Redwood City
In the Redwood City area, 34 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 1) and received an average PPP loan of $178,415 (compared to this company's $13,020).
Similar Nearby Businesses Who Received PPP Funding:
Mach 49 LLC
Redwood City, CA
Advocareplus
Woodside, CA
Haven Ventures Inc
Redwood City, CA
PCG Enterprises, Inc
Redwood City, CA
Chris Cowart LLC
Woodside, CA
Jaylene Harvey
Woodside, CA
Rachel Mary Parikh
Emerald Hills, CA
R&D Consulting Group, Inc
Redwood City, CA
Industry PPP Comparison Statistics
Nationwide, 95,340 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.53B 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 5 employees, 400% higher than MEF Consulting LLC's reported 1 employees, and received an average PPP loan of $57,963, 345% higher than this company's loan of $13,020.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!