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PPP Loan Data — Scott Bolinder,
Grand Rapids, MI
Scott Bolinder
Entity: Independent Contractor
Industry: Religious Organizations
Location: Grand Rapids, MI
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Scott Bolinder is an independent contractor located in Grand Rapids, Michigan that received a Coronavirus-related PPP loan from the SBA of $10,117.00 in April, 2021.
The company has reported itself as a male veteran owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #6539238807
Loan Size:
Jobs Retained:
1Loan Approved:
2021-04-20Loan Status:
Paid in Full or ForgivenLender:
JPMorgan Chase Bank, National AssociationScott Bolinder in Grand Rapids, MI received a Paycheck Protection Loan of $10,117 through JPMorgan Chase Bank, National Association, which was approved in April, 2021.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in November, 2021.
Reported PPP Proceed Usage:
On the PPP application, Scott Bolinder reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,117
Business Information - Scott Bolinder in Grand Rapids, MI
Grand Rapids, MI
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Religious Organizations
NAICS code 813110
Business Owner Demographics
Race: Unreported
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Veteran
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Businesses Using Same Address:
There is one other business that received a PPP loan registered to the same address as Scott Bolinder.
The Institute For Bible Reading
Religious Organizations
Similar Companies near Grand Rapids
In the Grand Rapids area, 64 businesses in the "Religious Organizations" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 1) and received an average PPP loan of $78,874 (compared to this company's $10,117).
Similar Nearby Businesses Who Received PPP Funding:
Grand Rapids Youth For Christ, Inc
Grand Rapids, MI
Mayflower Congregational Church Of Grand Rapids Michigan
Grand Rapids, MI
Fresh Manna Christian Center
Grand Rapids, MI
Fifth Reformed Church
Grand Rapids, MI
St Francis Xavier
Grand Rapids, MI
Beckwith Hills Christian Reformed Church
Grand Rapids, MI
The Price Of Peace Missionary Baptist Church Of G
Grand Rapids, MI
Casa Del Rey Iglesia Hispana
Grand Rapids, MI
ST. Stephen Parish, East Grand Rapids
Grand Rapids, MI
Industry PPP Comparison Statistics
Nationwide, 122,654 businesses in the "Religious Organizations" industry received a total of $9.25B 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 12 employees, 1100% higher than Scott Bolinder's reported 1 employees, and received an average PPP loan of $75,422, 645% higher than this company's loan of $10,117.
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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