PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Stephanie Smith, Little Rock, AR

SBA PPP loan data, payroll data, and salaries for Stephanie Smith
AR

Stephanie Smith

Entity: Sole Proprietorship

Industry: Insurance Agencies and Brokerages

Location: Little Rock, AR

Search All PPP Data

Stephanie Smith is a sole proprietorship located in Little Rock, Arkansas that received a Coronavirus-related PPP loan from the SBA of $6,780.00 in March, 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 #9692108607

Loan Size:

$6,780

Jobs Retained:

1

Loan Approved:

2021-03-26

Loan Status:

Ongoing Loan

Lender:

Arvest Bank

Stephanie Smith in Little Rock, AR received a Paycheck Protection Loan of $6,780 through Arvest Bank, which was approved in March, 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. The loan's status was last updated by the SBA in November, -0001.


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, Stephanie Smith reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $6,777

Business Information - Stephanie Smith in Little Rock, AR

Stephanie Smith
Little Rock, AR
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Insurance Agencies and Brokerages
NAICS code 524210

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Pulaski County, AR — SBA Office 0669 — Congressional District: AR-02

Similar Companies near Little Rock

In the Little Rock area, 56 businesses in the "Insurance Agencies and Brokerages" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 1) and received an average PPP loan of $32,946 (compared to this company's $6,780).

Industry PPP Comparison Statistics

Nationwide, 148,603 businesses in the "Insurance Agencies and Brokerages" industry received a total of $5.85B 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 4 employees, 300% higher than Stephanie Smith's reported 1 employees, and received an average PPP loan of $39,368, 481% higher than this company's loan of $6,780.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/stephanie-smith-little-rock-ar