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PPP Loan Data — Sing Like The Pros Studios, Oakland, CA

ALERT: There are 2 PPP loans for a total of $10,734 in our database for businesses with the name "Sing Like The Pros Studios" in Oakland, CA. 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 Sing Like The Pros Studios
CA

Sing Like The Pros Studios

Entity: Sole Proprietorship

Industry: Educational Support Services

Location: Oakland, CA

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Sing Like The Pros Studios is a sole proprietorship located in Oakland, California that received a Coronavirus-related PPP loan from the SBA of $5,234.00 in May, 2021.

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

$ PPP Loan Information
Loan #2293459005

Loan Size:

$5,234

Jobs Retained:

1

Loan Approved:

2021-05-15

Loan Status:

Ongoing Loan

Lender:

Cross River Bank

Sing Like The Pros Studios in Oakland, CA received a Paycheck Protection Loan of $5,234 through Cross River Bank, 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, Sing Like The Pros Studios reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $5,233

Business Information - Sing Like The Pros Studios in Oakland, CA

Sing Like The Pros Studios
Oakland, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Educational Support Services
NAICS code 611710

Business Owner Demographics

Race: Black or African American

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Alameda County, CA — SBA Office 0912 — Congressional District: CA-13

Similar Companies near Oakland

In the Oakland area, 37 businesses in the "Educational Support Services" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 1) and received an average PPP loan of $243,963 (compared to this company's $5,234).

Industry PPP Comparison Statistics

Nationwide, 39,474 businesses in the "Educational Support Services" industry received a total of $2.35B 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 7 employees, 600% higher than Sing Like The Pros Studios' reported 1 employees, and received an average PPP loan of $59,417, 1035% higher than this company's loan of $5,234.

SBA PPP loan data, payroll data, and salaries for Sing Like The Pros Studios
CA

Sing Like The Pros Studios

Entity: Sole Proprietorship

Industry: Fine Arts Schools

Location: Oakland, CA

Search All PPP Data

Sing Like The Pros Studios is a sole proprietorship located in Oakland, California that received a Coronavirus-related PPP loan from the SBA of $5,500.00 in April, 2020.

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

$ PPP Loan Information
Loan #4876527305

Loan Size:

$5,500

Jobs Retained:

1

Loan Approved:

2020-04-30

Loan Status:

Ongoing Loan

Lender:

Cross River Bank

Sing Like The Pros Studios in Oakland, CA received a Paycheck Protection Loan of $5,500 through Cross River Bank, which was approved in April, 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, Sing Like The Pros Studios reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $5,500

Business Information - Sing Like The Pros Studios in Oakland, CA

Sing Like The Pros Studios
Oakland, CA
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Fine Arts Schools
NAICS code 611610

Business Owner Demographics

Race: Black or African American

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age:

LMI Zone: Y

HUBZone: N

Rural / Urban: Urban

Alameda County, CA — SBA Office 0912 — Congressional District: CA-13

Similar Companies near Oakland

In the Oakland area, 8 businesses in the "Fine Arts Schools" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 1) and received an average PPP loan of $177,219 (compared to this company's $5,500).

Industry PPP Comparison Statistics

Nationwide, 15,142 businesses in the "Fine Arts Schools" industry received a total of $529.25M 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 8 employees, 700% higher than Sing Like The Pros Studios' reported 1 employees, and received an average PPP loan of $34,953, 536% higher than this company's loan of $5,500.

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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Source: www.federalpay.org/paycheck-protection-program/sing-like-the-pros-studios-oakland-ca