PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Onset Capital Partners LLC, Chapel Hill, NC

ALERT: There are 2 PPP loans for a total of $41,666 in our database for businesses with the name "Onset Capital Partners LLC" in Chapel Hill, NC. 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 Onset Capital Partners LLC
NC

Onset Capital Partners LLC

Entity: Limited Liability Company (LLC)

Industry: Investment Advice

Location: Chapel Hill, NC

Search All PPP Data

Onset Capital Partners LLC is a limited liability company (LLC) located in Chapel Hill, North Carolina that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in February, 2021.

$ PPP Loan Information
Loan #4022698509

Loan Size:

$20,833

Jobs Retained:

1

Loan Approved:

2021-02-25

Loan Status:

Ongoing Loan

Lender:

West Town Bank & Trust

Onset Capital Partners LLC in Chapel Hill, NC received a Paycheck Protection Loan of $20,833 through West Town Bank & Trust, which was approved in February, 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.


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, Onset Capital Partners LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,833

Business Information - Onset Capital Partners LLC in Chapel Hill, NC

Onset Capital Partners LLC
Chapel Hill, NC
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Investment Advice
NAICS code 523930

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Orange County, NC — SBA Office 0460 — Congressional District: NC-04

Similar Companies near Chapel Hill

In the Chapel Hill area, 12 businesses in the "Investment Advice" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $45,324 (compared to this company's $20,833).

Industry PPP Comparison Statistics

Nationwide, 32,223 businesses in the "Investment Advice" industry received a total of $1.45B 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 4 employees, 300% higher than Onset Capital Partners LLC's reported 1 employees, and received an average PPP loan of $44,994, 116% higher than this company's loan of $20,833.

SBA PPP loan data, payroll data, and salaries for Onset Capital Partners, LLC
NC

Onset Capital Partners, LLC

Entity: Limited Liability Company (LLC)

Industry: Investment Advice

Location: Chapel Hill, NC

Search All PPP Data

Onset Capital Partners, LLC is a limited liability company (LLC) located in Chapel Hill, North Carolina that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in April, 2020.

$ PPP Loan Information
Loan #4363497205

Loan Size:

$20,833

Jobs Retained:

1

Loan Approved:

2020-04-27

Loan Status:

Ongoing Loan

Lender:

West Town Bank & Trust

Onset Capital Partners, LLC in Chapel Hill, NC received a Paycheck Protection Loan of $20,833 through West Town Bank & Trust, which was approved in April, 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.


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, Onset Capital Partners, LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $20,833

Business Information - Onset Capital Partners, LLC in Chapel Hill, NC

Onset Capital Partners, LLC
Chapel Hill, NC
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Investment Advice
NAICS code 523930

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Orange County, NC — SBA Office 0460 — Congressional District: NC-04

Similar Companies near Chapel Hill

In the Chapel Hill area, 13 businesses in the "Investment Advice" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $24,422 (compared to this company's $20,833).

Industry PPP Comparison Statistics

Nationwide, 32,223 businesses in the "Investment Advice" industry received a total of $1.45B 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 4 employees, 300% higher than Onset Capital Partners, LLC's reported 1 employees, and received an average PPP loan of $44,994, 116% higher than this company's loan of $20,833.

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/onset-capital-partners-llc-chapel-hill-nc