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PPP Loan Data — Richard Patton, Conway, MO

ALERT: There are 2 PPP loans for a total of $12,975 in our database for businesses with the name "Richard Patton" in Conway, MO. 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 Richard Patton
MO

Richard Patton

Entity: Sole Proprietorship

Industry: Janitorial Services

Location: Conway, MO

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Richard Patton is a sole proprietorship located in Conway, Missouri that received a Coronavirus-related PPP loan from the SBA of $7,038.00 in April, 2021.

$ PPP Loan Information
Loan #4599058706

Loan Size:

$7,038

Jobs Retained:

1

Loan Approved:

2021-04-01

Loan Status:

Ongoing Loan

Lender:

First State Community Bank

Richard Patton in Conway, MO received a Paycheck Protection Loan of $7,038 through First State Community Bank, which was approved in April, 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, Richard Patton reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $7,037

Business Information - Richard Patton in Conway, MO

Richard Patton
Conway, MO
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Janitorial Services
NAICS code 561720

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

Dallas County, MO — SBA Office 0721 — Congressional District: MO-04

Similar Companies near Conway

In the Conway area, 7 businesses in the "Janitorial Services" 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 $12,381 (compared to this company's $7,038).

Industry PPP Comparison Statistics

Nationwide, 146,067 businesses in the "Janitorial Services" industry received a total of $4.43B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 5 employees, 400% higher than Richard Patton's reported 1 employees, and received an average PPP loan of $30,311, 331% higher than this company's loan of $7,038.

SBA PPP loan data, payroll data, and salaries for Richard Patton
MO

Richard Patton

Entity: Sole Proprietorship

Industry: Beef Cattle Ranching and Farming

Location: Conway, MO

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Richard Patton is a sole proprietorship located in Conway, Missouri that received a Coronavirus-related PPP loan from the SBA of $5,937.00 in January, 2021.

$ PPP Loan Information
Loan #9340888309

Loan Size:

$5,937

Jobs Retained:

1

Loan Approved:

2021-01-30

Loan Status:

Ongoing Loan

Lender:

First State Community Bank

Richard Patton in Conway, MO received a Paycheck Protection Loan of $5,937 through First State Community 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, Richard Patton reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $5,936

Business Information - Richard Patton in Conway, MO

Richard Patton
Conway, MO
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Beef Cattle Ranching and Farming
NAICS code 112111

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: Y

HUBZone: N

Rural / Urban: Rural

Dallas County, MO — SBA Office 0721 — Congressional District: MO-04

Similar Companies near Conway

In the Conway area, 241 businesses in the "Beef Cattle Ranching and 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 $8,448 (compared to this company's $5,937).

Industry PPP Comparison Statistics

Nationwide, 215,770 businesses in the "Beef Cattle Ranching and Farming" industry received a total of $2.8B in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 1 employees, the same amount reported by Richard Patton and received an average PPP loan of $12,970, 118% higher than this company's loan of $5,937.

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/richard-patton-conway-mo