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

PPP Loan Data — Patrick Alexander, Sibley, IA

ALERT: There are 2 PPP loans for a total of $28,768 in our database for businesses with the name "Patrick Alexander" in Sibley, IA. 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 Patrick Alexander
IA

Patrick Alexander

Entity: Sole Proprietorship

Industry: Corn Farming

Location: Sibley, IA

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Patrick Alexander is a sole proprietorship located in Sibley, Iowa that received a Coronavirus-related PPP loan from the SBA of $19,924.00 in March, 2021.

$ PPP Loan Information
Loan #2917628610

Loan Size:

$19,924

Jobs Retained:

1

Loan Approved:

2021-03-16

Loan Status:

Ongoing Loan

Lender:

Sibley State Bank

Patrick Alexander in Sibley, IA received a Paycheck Protection Loan of $19,924 through Sibley State Bank, which was approved in March, 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, Patrick Alexander reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $19,924

Business Information - Patrick Alexander in Sibley, IA

Patrick Alexander
Sibley, IA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Corn Farming
NAICS code 111150

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: Rural

Osceola County, IA — SBA Office 0761 — Congressional District: IA-04

Similar Companies near Sibley

In the Sibley area, 184 businesses in the "Corn Farming" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $15,717 (compared to this company's $19,924).

Industry PPP Comparison Statistics

Nationwide, 91,263 businesses in the "Corn Farming" industry received a total of $1.75B 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 2 employees, 100% higher than Patrick Alexander's reported 1 employees, and received an average PPP loan of $19,196, 4% lower than this company's loan of $19,924.

SBA PPP loan data, payroll data, and salaries for Patrick Alexander
IA

Patrick Alexander

Entity: Sole Proprietorship

Industry: Corn Farming

Location: Sibley, IA

Search All PPP Data

Patrick Alexander is a sole proprietorship located in Sibley, Iowa that received a Coronavirus-related PPP loan from the SBA of $8,844.00 in January, 2021.

$ PPP Loan Information
Loan #1250358303

Loan Size:

$8,844

Jobs Retained:

1

Loan Approved:

2021-01-16

Loan Status:

Ongoing Loan

Lender:

Sibley State Bank

Patrick Alexander in Sibley, IA received a Paycheck Protection Loan of $8,844 through Sibley State Bank, 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.


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, Patrick Alexander reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $8,842
  • Utilities: $1

Business Information - Patrick Alexander in Sibley, IA

Patrick Alexander
Sibley, IA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Corn Farming
NAICS code 111150

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: Rural

Osceola County, IA — SBA Office 0761 — Congressional District: IA-04

Similar Companies near Sibley

In the Sibley area, 184 businesses in the "Corn Farming" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $15,717 (compared to this company's $8,844).

Industry PPP Comparison Statistics

Nationwide, 91,263 businesses in the "Corn Farming" industry received a total of $1.75B 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 2 employees, 100% higher than Patrick Alexander's reported 1 employees, and received an average PPP loan of $19,196, 117% higher than this company's loan of $8,844.

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/patrick-alexander-sibley-ia