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PPP Loan Data — Michael Anderson,
Los Angeles, CA
Michael Anderson
Entity: Sole Proprietorship
Industry: Barber Shops
Location: Los Angeles, CA
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Michael Anderson is a sole proprietorship located in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in May, 2021.
$
PPP Loan Information
Loan #6334739001
Loan Size:
Jobs Retained:
1Loan Approved:
2021-05-22Loan Status:
Paid in Full or ForgivenLender:
Harvest Small Business Finance, LLCMichael Anderson in Los Angeles, CA received a Paycheck Protection Loan of $20,833 through Harvest Small Business Finance, LLC, which was approved in May, 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 October, 2021.
Reported PPP Proceed Usage:
On the PPP application, Michael Anderson reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,833
Business Information - Michael Anderson in Los Angeles, CA
Los Angeles, CA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Barber Shops
NAICS code 812111
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Los Angeles
In the Los Angeles area, 365 businesses in the "Barber Shops" 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 $17,717 (compared to this company's $20,833).
Similar Nearby Businesses Who Received PPP Funding:
Tramell Moloy Jr
Los Angeles, CA
Llonxavier Ellis
Los Angeles, CA
Derrick Miller
Los Angeles, CA
Michael Baisa
Los Angeles, CA
Erik Chacon
Los Angeles, CA
John John Bocardo
Los Angeles, CA
Nicholas Wright
Los Angeles, CA
Jeffery Long
Los Angeles, CA
Keyon White Nelson
La, CA
Industry PPP Comparison Statistics
Nationwide, 124,110 businesses in the "Barber Shops" industry received a total of $2.24B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 2 employees, 100% higher than Michael Anderson's reported 1 employees, and received an average PPP loan of $18,076, 13% lower than this company's loan of $20,833.
Michael Anderson
Entity: Sole Proprietorship
Industry: Fitness and Recreational Sports Centers
Location: Los Angeles, CA
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Michael Anderson is a sole proprietorship located in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $6,475.00 in May, 2021.
The company has reported itself as a Black or african american male owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #9430678908
Loan Size:
Jobs Retained:
1Loan Approved:
2021-05-12Loan Status:
Ongoing LoanLender:
Prestamos CDFI, LLCMichael Anderson in Los Angeles, CA received a Paycheck Protection Loan of $6,475 through Prestamos CDFI, LLC, which was approved in May, 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.
Reported PPP Proceed Usage:
On the PPP application, Michael Anderson reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $6,470
- Utilities: $1
Business Information - Michael Anderson in Los Angeles, CA
Los Angeles, CA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Fitness and Recreational Sports Centers
NAICS code 713940
Business Owner Demographics
Race: Black or African American
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Los Angeles
In the Los Angeles area, 34 businesses in the "Fitness and Recreational Sports Centers" industry received a PPP loan. These local businesses reported an average of 5 employees (compared to this company's 1) and received an average PPP loan of $25,061 (compared to this company's $6,475).
Similar Nearby Businesses Who Received PPP Funding:
Los Feliz Functional Fitness Inc
Los Angeles, CA
Maya Charles
Los Angeles, CA
One Down Dog LLC
Los Angeles, CA
Amanda Butler
Los Angeles, CA
Jason Allen
Los Angeles, CA
La Tennis Inc
Los Angeles, CA
Timothy Davis
Los Angeles, CA
Mister Sweat LLC
Los Angeles, CA
Samantha Popa
Los Angeles, CA
Industry PPP Comparison Statistics
Nationwide, 61,280 businesses in the "Fitness and Recreational Sports Centers" industry received a total of $2.95B 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 12 employees, 1100% higher than Michael Anderson's reported 1 employees, and received an average PPP loan of $48,172, 644% higher than this company's loan of $6,475.
Michael Anderson
Entity: Sole Proprietorship
Industry: Barber Shops
Location: Los Angeles, CA
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Michael Anderson is a sole proprietorship located in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in April, 2021.
$
PPP Loan Information
Loan #9524988810
Loan Size:
Jobs Retained:
1Loan Approved:
2021-04-23Loan Status:
Paid in Full or ForgivenLender:
Harvest Small Business Finance, LLCMichael Anderson in Los Angeles, CA received a Paycheck Protection Loan of $20,833 through Harvest Small Business Finance, 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 October, 2021.
Reported PPP Proceed Usage:
On the PPP application, Michael Anderson reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,833
Business Information - Michael Anderson in Los Angeles, CA
Los Angeles, CA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Barber Shops
NAICS code 812111
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Los Angeles
In the Los Angeles area, 365 businesses in the "Barber Shops" 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 $17,717 (compared to this company's $20,833).
Similar Nearby Businesses Who Received PPP Funding:
Tramell Moloy Jr
Los Angeles, CA
Llonxavier Ellis
Los Angeles, CA
Derrick Miller
Los Angeles, CA
Michael Baisa
Los Angeles, CA
Erik Chacon
Los Angeles, CA
John John Bocardo
Los Angeles, CA
Nicholas Wright
Los Angeles, CA
Jeffery Long
Los Angeles, CA
Keyon White Nelson
La, CA
Industry PPP Comparison Statistics
Nationwide, 124,110 businesses in the "Barber Shops" industry received a total of $2.24B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 2 employees, 100% higher than Michael Anderson's reported 1 employees, and received an average PPP loan of $18,076, 13% lower than this company's loan of $20,833.
Michael Anderson
Entity: Sole Proprietorship
Industry: All Other Personal Services
Location: Los Angeles, CA
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Michael Anderson is a sole proprietorship located in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $1,865.00 in August, 2020.
$
PPP Loan Information
Loan #3102478203
Loan Size:
Jobs Retained:
1Loan Approved:
2020-08-04Loan Status:
Ongoing LoanLender:
Cross River BankMichael Anderson in Los Angeles, CA received a Paycheck Protection Loan of $1,865 through Cross River Bank, which was approved in August, 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, Michael Anderson reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,865
Business Information - Michael Anderson in Los Angeles, CA
Los Angeles, CA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
All Other Personal Services
NAICS code 812990
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 Los Angeles
In the Los Angeles area, 19 businesses in the "All Other Personal Services" 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 $18,223 (compared to this company's $1,865).
Similar Nearby Businesses Who Received PPP Funding:
Laura Smith
Playa Vista, CA
Brenda Woods
Los Angeles, CA
Marshay Boyd
Los Angeles, CA
Cindy Bui
Los Angeles, CA
Curlupanddyejanet
Los Angeles, CA
Adam Smith
Playa Vista, CA
Devin Spears
Playa Vista, CA
Phillip Arceneaux
Los Angeles, CA
Button Events LLC
Los Angeles, CA
Industry PPP Comparison Statistics
Nationwide, 231,198 businesses in the "All Other Personal Services" industry received a total of $5.51B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, 200% higher than Michael Anderson's reported 1 employees, and received an average PPP loan of $23,842, 1178% higher than this company's loan of $1,865.
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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