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PPP Loan Data — Stable Solutions LLC, Owings Mills, MD

SBA PPP loan data, payroll data, and salaries for Stable Solutions LLC
MD

Stable Solutions LLC

Entity: Limited Liability Company (LLC)

Industry: Other Accounting Services

Location: Owings Mills, MD

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Stable Solutions LLC is a limited liability company (LLC) located in Owings Mills, Maryland that received a Coronavirus-related PPP loan from the SBA of $2,698.00 in February, 2021.

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

$ PPP Loan Information
Loan #4195778507

Loan Size:

$2,698

Jobs Retained:

1

Loan Approved:

2021-02-25

Loan Status:

Paid in Full or Forgiven

Lender:

Manufacturers and Traders Trust Company

Stable Solutions LLC in Owings Mills, MD received a Paycheck Protection Loan of $2,698 through Manufacturers and Traders Trust Company, which was approved in February, 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 October, 2021.


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, Stable Solutions LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,698

Business Information - Stable Solutions LLC in Owings Mills, MD

Stable Solutions LLC
Owings Mills, MD
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Other Accounting Services
NAICS code 541219

Business Owner Demographics

Race: Unreported

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Baltimore County, MD — SBA Office 0373 — Congressional District: MD-02

Similar Companies near Owings Mills

In the Owings Mills area, 22 businesses in the "Other Accounting Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 1) and received an average PPP loan of $102,656 (compared to this company's $2,698).

Industry PPP Comparison Statistics

Nationwide, 63,711 businesses in the "Other Accounting Services" industry received a total of $2.02B 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 3 employees, 200% higher than Stable Solutions LLC's reported 1 employees, and received an average PPP loan of $31,751, 1077% higher than this company's loan of $2,698.

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.

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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/stable-solutions-llc-owings-mills-md