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PPP Loan Data — Miguel Vigil, Little Elm, TX

ALERT: There are 2 PPP loans for a total of $17,800 in our database for businesses with the name "Miguel Vigil" in Little Elm, TX. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Miguel Vigil
TX

Miguel Vigil

Entity: Self-employed Individual

Industry: Appliance Repair and Maintenance

Location: Little Elm, TX

Search All PPP Data

Miguel Vigil is a self-employed individual located in Little Elm, Texas that received a Coronavirus-related PPP loan from the SBA of $8,900.00 in April, 2021.

$ PPP Loan Information
Loan #2754028906

Loan Size:

$8,900

Jobs Retained:

1

Loan Approved:

2021-04-27

Loan Status:

Paid in Full or Forgiven

Lender:

Fountainhead SBF LLC

Miguel Vigil in Little Elm, TX received a Paycheck Protection Loan of $8,900 through Fountainhead SBF 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, Miguel Vigil reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $8,900

Business Information - Miguel Vigil in Little Elm, TX

Miguel Vigil
Little Elm, TX
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Appliance Repair and Maintenance
NAICS code 811412

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: N

HUBZone: N

Rural / Urban: Urban

Denton County, TX — SBA Office 0610 — Congressional District: TX-26

Similar Companies near Little Elm

In the Little Elm area, 9 businesses in the "Appliance Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $24,083 (compared to this company's $8,900).

Industry PPP Comparison Statistics

Nationwide, 9,417 businesses in the "Appliance Repair and Maintenance" industry received a total of $365.8M 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 Miguel Vigil's reported 1 employees, and received an average PPP loan of $38,845, 336% higher than this company's loan of $8,900.

SBA PPP loan data, payroll data, and salaries for Miguel Vigil
TX

Miguel Vigil

Entity: Self-employed Individual

Industry: Appliance Repair and Maintenance

Location: Little Elm, TX

Search All PPP Data

Miguel Vigil is a self-employed individual located in Little Elm, Texas that received a Coronavirus-related PPP loan from the SBA of $8,900.00 in April, 2021.

$ PPP Loan Information
Loan #7983278700

Loan Size:

$8,900

Jobs Retained:

1

Loan Approved:

2021-04-07

Loan Status:

Paid in Full or Forgiven

Lender:

Fountainhead SBF LLC

Miguel Vigil in Little Elm, TX received a Paycheck Protection Loan of $8,900 through Fountainhead SBF 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, Miguel Vigil reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $8,900

Business Information - Miguel Vigil in Little Elm, TX

Miguel Vigil
Little Elm, TX
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Appliance Repair and Maintenance
NAICS code 811412

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: N

HUBZone: N

Rural / Urban: Urban

Denton County, TX — SBA Office 0610 — Congressional District: TX-26

Similar Companies near Little Elm

In the Little Elm area, 9 businesses in the "Appliance Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $24,083 (compared to this company's $8,900).

Industry PPP Comparison Statistics

Nationwide, 9,417 businesses in the "Appliance Repair and Maintenance" industry received a total of $365.8M 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 Miguel Vigil's reported 1 employees, and received an average PPP loan of $38,845, 336% higher than this company's loan of $8,900.

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.

Search FederalPay's Full PPP Loan Database

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/miguel-vigil-little-elm-tx