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PPP Loan Data — Sabira Mithaiwala, Des Plaines, IL

SBA PPP loan data, payroll data, and salaries for Sabira Mithaiwala
IL

Sabira Mithaiwala

Entity: Sole Proprietorship

Industry: Computer Systems Design Services

Location: Des Plaines, IL

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Sabira Mithaiwala is a sole proprietorship located in Des Plaines, Illinois that received a Coronavirus-related PPP loan from the SBA of $14,900.00 in August, 2020.

The company has reported itself as an Asian owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #5467368207

Loan Size:

$14,900

Jobs Retained:

1

Loan Approved:

2020-08-07

Loan Status:

Ongoing Loan

Lender:

MBE Capital Partners

Sabira Mithaiwala in Des Plaines, IL received a Paycheck Protection Loan of $14,900 through MBE Capital Partners, which was approved in August, 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.


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, Sabira Mithaiwala reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $14,900

Business Information - Sabira Mithaiwala in Des Plaines, IL

Sabira Mithaiwala
Des Plaines, IL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Computer Systems Design Services
NAICS code 541512

Business Owner Demographics

Race: Asian

Ethnicity: Not Hispanic or Latino

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Cook County, IL — SBA Office 0507 — Congressional District: IL-10

Similar Companies near Des Plaines

In the Des Plaines area, 24 businesses in the "Computer Systems Design Services" industry received a PPP loan. These local businesses reported an average of 7 employees (compared to this company's 1) and received an average PPP loan of $118,100 (compared to this company's $14,900).

Industry PPP Comparison Statistics

Nationwide, 31,382 businesses in the "Computer Systems Design Services" industry received a total of $4.35B 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 Sabira Mithaiwala's reported 1 employees, and received an average PPP loan of $138,748, 831% higher than this company's loan of $14,900.

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. 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/sabira-mithaiwala-des-plaines-il