Shalanda Williams in Temple Hills, MD - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Shalanda Williams, Temple Hills, MD

Shalanda Williams

Entity: Sole Proprietorship

Industry: Food Service Contractors

Location: Temple Hills, MD

Shalanda Williams is a sole proprietorship located in Temple Hills, Maryland that received a Coronavirus-related PPP loan from the SBA of $18,332.00 in May, 2021.

The company has reported itself as a Black or african american female owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #8389108904

Loan Size:

$18,332

Jobs Retained:

Loan Approved:

2021-05-11

Loan Status:

Ongoing Loan

Lender:

Prestamos CDFI, LLC

Shalanda Williams in Temple Hills, MD received a Paycheck Protection Loan of $18,332 through Prestamos CDFI, LLC, which was approved in May, 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, Shalanda Williams reported intending to use the proceeds of their PPP loan for the following expenses:

Payroll: $18,327
Utilities: $1

Business Information - Shalanda Williams in Temple Hills, MD

Shalanda Williams
Temple Hills, MD
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Food Service Contractors
NAICS code 722310

Business Owner Demographics

Race: Black or African American

Ethnicity: Not Hispanic or Latino

Gender: Female Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Urban

Prince Georges County, MD — SBA Office 0353 — Congressional District: MD-04

Similar Companies near Temple Hills

In the Temple Hills area, 15 businesses in the "Food Service Contractors" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $19,027 (compared to this company's $18,332).

Similar Nearby Businesses Who Received PPP Funding:

Lorenzo Kennedy
Temple Hills, MD

$8,100 PPP Loan

Alvin Trice
Temple Hills, MD

$12,915 PPP Loan

Thomas Pearson
District Heights, MD

$18,125 PPP Loan

Willie Garrett
District Heights, MD

$20,833 PPP Loan

Jeameril Williamson
Temple Hills, MD

$20,832 PPP Loan

Tiny Gaskins
Temple Hills, MD

$18,320 PPP Loan

Latisha Randolph
Temple Hills, MD

$18,010 PPP Loan

PKZ Enterprise Inc
Temple Hills, MD

$25,105 PPP Loan

Datrice Flowers
Temple Hills, MD

$20,833 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 35,883 businesses in the "Food Service Contractors" industry received a total of $1.95B 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 7 employees, 600% higher than Shalanda Williams' reported 1 employees, and received an average PPP loan of $54,432, 197% higher than this company's loan of $18,332.

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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