PPP Loan Data — Paul Spataro, Long Island City, NY
Paul Spataro is a sole proprietorship located in Long Island City, New York that received a Coronavirus-related PPP loan from the SBA of $600.00 in January, 2021.
The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Newtek Small Business Finance, Inc.
Paul Spataro in Long Island City, NY received a Paycheck Protection Loan of $600 through Newtek Small Business Finance, Inc., which was approved in January, 2021.
Reported PPP Proceed Usage:
On the PPP application, Paul Spataro reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $600
Business Information - Paul Spataro in Long Island City, NY
Long Island City, NY
* Full address is redacted to protect the privacy of individuals.
Motion Picture and Video Production
NAICS code 512110
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Long Island City
In the Long Island City area, 38 businesses in the "Motion Picture and Video Production" 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 $21,731 (compared to this company's $600).
Similar Nearby Businesses Who Received PPP Funding:
Lowery Street Media LLC
Long Island City, NY
Alex Zielinski Photography LLC
Troma Entertainment, Inc
Dominick Sivilli Cinematography LLC
Watchmaker Films Inc
Industry PPP Comparison Statistics
Nationwide, 30,192 businesses in the "Motion Picture and Video Production" industry received a total of $1.32B 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 Paul Spataro's reported 1 employees, and received an average PPP loan of $43,645, 7174% higher than this company's loan of $600.
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Footnotes & Information
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