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PPP Loan Data — Richard Barnett, Gravette, AR

SBA PPP loan data, payroll data, and salaries for Richard Barnett
AR

Richard Barnett

Entity: Independent Contractor

Industry: Glass and Glazing Contractors

Location: Gravette, AR

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Richard Barnett is an independent contractor located in Gravette, Arkansas that received a Coronavirus-related PPP loan from the SBA of $9,300.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$9,300

Jobs Retained:

1

Loan Approved:

2020-04-14

Lender:

LEGACY NATIONAL BANK

Richard Barnett received a Paycheck Protection Loan of $9,300 through LEGACY NATIONAL BANK, which was approved in April, 2020.


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.

Business Information - Richard Barnett in Gravette, AR

Richard Barnett
Gravette, AR
* Full address is redacted to protect the privacy of individuals.

Business Industry

Glass and Glazing Contractors (NAICS code 238150)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: AR-03

Industry PPP Comparison Statistics

Nationwide, 4,243 businesses in the "Glass and Glazing Contractors" industry received a total of $685,715,074.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 11 employees, 1000% higher than Richard Barnett's reported 1 employees, and received an average PPP loan of $161,611, 1638% higher than this company's loan of $9,300.

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. 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/richard-barnett-gravette-ar