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PPP Loan Data — Nora Ijlal, West Bloomfield, MI

SBA PPP loan data, payroll data, and salaries for Nora Ijlal
MI

Nora Ijlal

Entity: Sole Proprietorship

Industry: Child Day Care Services

Location: West Bloomfield, MI

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Nora Ijlal is a sole proprietorship located in West Bloomfield, Michigan that received a Coronavirus-related PPP loan from the SBA of $7,888.00 in April, 2020.

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

$ PPP Loan Information
Loan #4171237301

Loan Size:

$7,888

Jobs Retained:

1

Loan Approved:

2020-04-29

Loan Status:

Paid in Full or Forgiven

Lender:

Cross River Bank

Nora Ijlal in West Bloomfield, MI received a Paycheck Protection Loan of $7,888 through Cross River Bank, which was approved in April, 2020.

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.


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, Nora Ijlal reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $7,888

Business Information - Nora Ijlal in West Bloomfield, MI

Nora Ijlal
West Bloomfield, MI
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Child Day Care Services
NAICS code 624410

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Female Owned

Veteran Status: Unreported

Business Demographics

Business Age:

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Oakland County, MI — SBA Office 0515 — Congressional District: MI-14

Businesses Using Same Address:

There is one other business that received a PPP loan registered to the same address as Nora Ijlal.

Detroit Wealth, LLC
Unclassified Establishments

$17,500 PPP Loan

Similar Companies near West Bloomfield

In the West Bloomfield area, 16 businesses in the "Child Day Care Services" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 1) and received an average PPP loan of $25,782 (compared to this company's $7,888).

Industry PPP Comparison Statistics

Nationwide, 128,982 businesses in the "Child Day Care Services" industry received a total of $5.47B 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 8 employees, 700% higher than Nora Ijlal's reported 1 employees, and received an average PPP loan of $42,417, 438% higher than this company's loan of $7,888.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/nora-ijlal-west-bloomfield-mi