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PPP Loan Data — Soebrown Clinical Services LLC,
Hartford, CT
Soebrown Clinical Services LLC
Entity: Limited Liability Company (LLC)
Industry: Other Individual and Family Services
Location: Hartford, CT
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Soebrown Clinical Services LLC is a limited liability company (LLC) located at 151 New Park Ave in Hartford, Connecticut that received a Coronavirus-related PPP loan from the SBA of $10,000.00 in January, 2021.
$
PPP Loan Information
Loan #3929308305
Loan Size:
Jobs Retained:
4Loan Approved:
2021-01-22Loan Status:
Paid in Full or ForgivenLender:
Santander Bank, National AssociationSoebrown Clinical Services LLC in Hartford, CT received a Paycheck Protection Loan of $10,000 through Santander Bank, National Association, which was approved in January, 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 August, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Soebrown Clinical Services LLC's 2019 payroll expenses are estimated to be at least $48,000.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $12,000 per employee1
Reported PPP Proceed Usage:
On the PPP application, Soebrown Clinical Services LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $9,996
- Utilities: $1
Business Information - Soebrown Clinical Services LLC in Hartford, CT
151 New Park Ave
Hartford, CT 6106
Business Industry:
Other Individual and Family Services
NAICS code 624190
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: Y
HUBZone: Y
Rural / Urban: Urban
Businesses Using Same Address:
There are 8 other businesses that received a PPP loan registered to the same address as Soebrown Clinical Services LLC.
Lemons To Lavender, LLC
Specialized Freight (except Used Goods) Trucking, Local
Antonio Rodriguez
Administrative Management and General Management Consulting Services
Daniel Penn Associates, LLC
Administrative Management and General Management Consulting Services
New Park 151 LLC
Nonresidential Property Managers
The Minority Construction Council Inc
Other Social Advocacy Organizations
Central Area Health Education Center Inc
Educational Support Services
Kelly Steel LLC
Poured Concrete Foundation and Structure Contractors
MCM Acoustics LLC
Other Building Equipment Contractors
Similar Companies near Hartford
In the Hartford area, 25 businesses in the "Other Individual and Family Services" industry received a PPP loan. These local businesses reported an average of 59 employees (compared to this company's 4) and received an average PPP loan of $401,505 (compared to this company's $10,000).
Similar Nearby Businesses Who Received PPP Funding:
Clinical Practitioner
West Hartford, CT
Doha Khoury Lcsw , LLC
West Hartford, CT
My People Clincal Services LLC
Hartford, CT
World Affairs Council Of Connecticut, Inc
Hartford, CT
Jewish Association For Community Living
Hartford, CT
Ingrid Y Helander LLC
West Hartford, CT
Catholic Charities Inc - Archdiocese Of Hartford
Hartford, CT
Counseling For Change And Growth LLC
West Hartford, CT
Harc Inc
Hartford, CT
Industry PPP Comparison Statistics
Nationwide, 24,879 businesses in the "Other Individual and Family Services" industry received a total of $2.96B 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 16 employees, 300% higher than Soebrown Clinical Services LLC's reported 4 employees, and received an average PPP loan of $118,797, 1088% higher than this company's loan of $10,000.
Soebrown Clinical Services LLC
Entity: Limited Liability Company (LLC)
Industry: Offices of Mental Health Practitioners (except Physicians)
Location: Hartford, CT
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Soebrown Clinical Services LLC is a limited liability company (LLC) located at 151 New Park Ave in Hartford, Connecticut that received a Coronavirus-related PPP loan from the SBA of $2,432.00 in April, 2020.
$
PPP Loan Information
Loan #7656367307
Loan Size:
Jobs Retained:
2Loan Approved:
2020-04-30Loan Status:
Paid in Full or ForgivenLender:
Santander Bank, National AssociationSoebrown Clinical Services LLC in Hartford, CT received a Paycheck Protection Loan of $2,432 through Santander Bank, National Association, which was approved in April, 2020.
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 March, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.
Read MoreUnderstanding Payroll Estimates Based On PPP Amount
Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.
Read MoreBased on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Soebrown Clinical Services LLC's 2019 payroll expenses are estimated to be at least $11,674.
Based on their reported 2 jobs retained, this equals an estimated average yearly compensation of $5,837 per employee1
Reported PPP Proceed Usage:
On the PPP application, Soebrown Clinical Services LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,432
Business Information - Soebrown Clinical Services LLC in Hartford, CT
151 New Park Ave
Hartford, CT 6106
Business Industry:
Offices of Mental Health Practitioners (except Physicians)
NAICS code 621330
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: Y
HUBZone: Y
Rural / Urban: Urban
Businesses Using Same Address:
There are 8 other businesses that received a PPP loan registered to the same address as Soebrown Clinical Services LLC.
Lemons To Lavender, LLC
Specialized Freight (except Used Goods) Trucking, Local
Antonio Rodriguez
Administrative Management and General Management Consulting Services
Daniel Penn Associates, LLC
Administrative Management and General Management Consulting Services
New Park 151 LLC
Nonresidential Property Managers
The Minority Construction Council Inc
Other Social Advocacy Organizations
Central Area Health Education Center Inc
Educational Support Services
Kelly Steel LLC
Poured Concrete Foundation and Structure Contractors
MCM Acoustics LLC
Other Building Equipment Contractors
Similar Companies near Hartford
In the Hartford area, 33 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 2) and received an average PPP loan of $18,642 (compared to this company's $2,432).
Similar Nearby Businesses Who Received PPP Funding:
MCH Russell Associates LLC
West Hartford, CT
Bonnie Redderoth
West Hartford, CT
Gail Southard Canzano PHD
West Hartford, CT
The Avalon Psychological Group, PC
Hartford, CT
Welch Counseling, LLC
Hartford, CT
Dena Rosenbloom PHD
West Hartford, CT
Donald Hiebel PHD
West Hartford, CT
Mujeeb Khalique
West Hartford, CT
Industry PPP Comparison Statistics
Nationwide, 35,346 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a total of $1.26B 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 4 employees, 100% higher than Soebrown Clinical Services LLC's reported 2 employees, and received an average PPP loan of $35,510, 1360% higher than this company's loan of $2,432.
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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