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PPP Loan Data — Miguel Alban,
Malvern, PA
Miguel Alban
Entity: Sole Proprietorship
Industry: All Other Professional, Scientific, and Technical Services
Location: Malvern, PA
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Miguel Alban is a sole proprietorship located in Malvern, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $12,003.00 in April, 2021.
The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #9823378706
Loan Size:
Jobs Retained:
1Loan Approved:
2021-04-09Loan Status:
Paid in Full or ForgivenLender:
Cross River BankMiguel Alban in Malvern, PA received a Paycheck Protection Loan of $12,003 through Cross River Bank, 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 August, 2021.
Reported PPP Proceed Usage:
On the PPP application, Miguel Alban reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $12,001
- Utilities: $1
Business Information - Miguel Alban in Malvern, PA
Malvern, PA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990
Business Owner Demographics
Race: White
Ethnicity: 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: N
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Miguel Alban.
The Hispanic Approach LLC
Advertising Agencies
Similar Companies near Malvern
In the Malvern area, 30 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 1) and received an average PPP loan of $275,789 (compared to this company's $12,003).
Similar Nearby Businesses Who Received PPP Funding:
Concord Enterprises, LTD
Malvern, PA
North Star Satellite Communications Inc
Malvern, PA
Brandywine Mergers & Acquisitions
Malvern, PA
Mary Avgerinos
Malvern, PA
Kitchen Witch LLC
Malvern, PA
Matthew E Schmidt
Malvern, PA
Sway International, Inc
Malvern, PA
Proto-Worx Inc
Malvern, PA
Industry PPP Comparison Statistics
Nationwide, 128,283 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.38B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 400% higher than Miguel Alban's reported 1 employees, and received an average PPP loan of $57,491, 379% higher than this company's loan of $12,003.
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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