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PPP Loan Data — Padam Kala,
New York, NY
Padam Kala
Entity: Sole Proprietorship
Industry: Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
Location: New York, NY
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Padam Kala is a sole proprietorship located in New York, New York that received a Coronavirus-related PPP loan from the SBA of $10,827.00 in January, 2021.
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PPP Loan Information
Loan #5623238304
Loan Size:
Jobs Retained:
1Loan Approved:
2021-01-25Loan Status:
Ongoing LoanLender:
Santander Bank, National AssociationPadam Kala in New York, NY received a Paycheck Protection Loan of $10,827 through Santander Bank, National Association, which was approved in January, 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, Padam Kala reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,824
- Utilities: $1
Business Information - Padam Kala in New York, NY
New York, NY
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers
NAICS code 423940
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
Similar Companies near New York
In the New York area, 1,415 businesses in the "Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers" 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 $51,621 (compared to this company's $10,827).
Similar Nearby Businesses Who Received PPP Funding:
Royce Diam Inc
New York, NY
Patrice Gordon
New York, NY
DHK Gems Corp
New York, NY
Vijay Naidu
New York, NY
Barry Davidson Inc
New York, NY
BMF Bros Jewelry Inc
New York, NY
Shahar Diamonds LLC
New York, NY
Lunadiam NYC LLC
New York, NY
Mogul Diam Inc
New York, NY
Industry PPP Comparison Statistics
Nationwide, 9,886 businesses in the "Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers" industry received a total of $504.75M 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 Padam Kala's reported 1 employees, and received an average PPP loan of $51,057, 372% higher than this company's loan of $10,827.
Padam Kala
Entity: Sole Proprietorship
Industry: Unclassified Establishments
Location: New York, NY
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Padam Kala is a sole proprietorship located in New York, New York that received a Coronavirus-related PPP loan from the SBA of $10,563.00 in April, 2020.
$
PPP Loan Information
Loan #7317397300
Loan Size:
Jobs Retained:
1Loan Approved:
2020-04-30Loan Status:
Ongoing LoanLender:
Santander Bank, National AssociationPadam Kala in New York, NY received a Paycheck Protection Loan of $10,563 through Santander Bank, National Association, 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.
Reported PPP Proceed Usage:
On the PPP application, Padam Kala reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,563
Business Information - Padam Kala in New York, NY
New York, NY
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Unclassified Establishments
NAICS code 999990
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
Similar Companies near New York
In the New York area, 109 businesses in the "Unclassified Establishments" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 1) and received an average PPP loan of $97,872 (compared to this company's $10,563).
Similar Nearby Businesses Who Received PPP Funding:
Aim To Please Inc
New York, NY
673 9Th Ave LLC
New York, NY
Medpod Inc
New York, NY
Giaf Partners LLC
New York, NY
Cosmic Fischer Locks
New York, NY
Thread Films Inc
New York, NY
Taylor Spellman New York, LLC
New York, NY
Thezombi LLC
New York, NY
Givewith LLC
New York, NY
Industry PPP Comparison Statistics
Nationwide, 85,780 businesses in the "Unclassified Establishments" industry received a total of $3.69B 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 10 employees, 900% higher than Padam Kala's reported 1 employees, and received an average PPP loan of $42,971, 307% higher than this company's loan of $10,563.
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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