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PPP Loan Data — Sanjay Sukhramani,
Chicago, IL
Sanjay Sukhramani
Entity: Self-employed Individual
Industry: Hotels (except Casino Hotels) and Motels
Location: Chicago, IL
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Sanjay Sukhramani is a self-employed individual located in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $29,166.00 in January, 2021.
$
PPP Loan Information
Loan #7003448306
Loan Size:
Jobs Retained:
1Loan Approved:
2021-01-27Loan Status:
Ongoing LoanLender:
American Lending CenterSanjay Sukhramani in Chicago, IL received a Paycheck Protection Loan of $29,166 through American Lending Center, 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.
The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 1 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, Sanjay Sukhramani reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $29,166
Business Information - Sanjay Sukhramani in Chicago, IL
Chicago, IL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Hotels (except Casino Hotels) and Motels
NAICS code 721110
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: Urban
Similar Companies near Chicago
In the Chicago area, 38 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 71 employees (compared to this company's 1) and received an average PPP loan of $724,733 (compared to this company's $29,166).
Similar Nearby Businesses Who Received PPP Funding:
Soho Boutique Chicago LLC
Chicago, IL
East Bellevue Owner, LLC
Chicago, IL
Lasalle Discount, Inc
Chicago, IL
Reliance Dental Manufacturing, LLC
Chicago, IL
Ecd-Streeterville Hotel, LLC
Chicago, IL
SRE 4610 Opco Jv, LLC
Chicago, IL
Smashotels Chicago Investors LLC
Chicago, IL
233 E Ontario Hotel Propco LLC
Chicago, IL
Timothy Rockett
Chicago, IL
Industry PPP Comparison Statistics
Nationwide, 81,995 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $13.92B 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 23 employees, 2200% higher than Sanjay Sukhramani's reported 1 employees, and received an average PPP loan of $169,748, 482% higher than this company's loan of $29,166.
Sanjay Sukhramani
Entity: Self-employed Individual
Industry: Hotels (except Casino Hotels) and Motels
Location: Chicago, IL
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•
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Sanjay Sukhramani is a self-employed individual located in Chicago, Illinois that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in July, 2020.
$
PPP Loan Information
Loan #9531268009
Loan Size:
Jobs Retained:
1Loan Approved:
2020-07-07Loan Status:
Ongoing LoanLender:
Kabbage, Inc.Sanjay Sukhramani in Chicago, IL received a Paycheck Protection Loan of $20,833 through Kabbage, Inc., which was approved in July, 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.
Reported PPP Proceed Usage:
On the PPP application, Sanjay Sukhramani reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,833
Business Information - Sanjay Sukhramani in Chicago, IL
Chicago, IL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Hotels (except Casino Hotels) and Motels
NAICS code 721110
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: Urban
Similar Companies near Chicago
In the Chicago area, 38 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a PPP loan. These local businesses reported an average of 71 employees (compared to this company's 1) and received an average PPP loan of $724,733 (compared to this company's $20,833).
Similar Nearby Businesses Who Received PPP Funding:
Soho Boutique Chicago LLC
Chicago, IL
East Bellevue Owner, LLC
Chicago, IL
Lasalle Discount, Inc
Chicago, IL
Reliance Dental Manufacturing, LLC
Chicago, IL
Ecd-Streeterville Hotel, LLC
Chicago, IL
SRE 4610 Opco Jv, LLC
Chicago, IL
Smashotels Chicago Investors LLC
Chicago, IL
233 E Ontario Hotel Propco LLC
Chicago, IL
Timothy Rockett
Chicago, IL
Industry PPP Comparison Statistics
Nationwide, 81,995 businesses in the "Hotels (except Casino Hotels) and Motels" industry received a total of $13.92B 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 23 employees, 2200% higher than Sanjay Sukhramani's reported 1 employees, and received an average PPP loan of $169,748, 715% higher than this company's loan of $20,833.
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.
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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