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

PPP Loan Data — Sterling Tucker, Orlando, FL

ALERT: There are 2 PPP loans for a total of $7,027 in our database for businesses with the name "Sterling Tucker" in Orlando, FL. 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 Sterling Tucker
FL

Sterling Tucker

Entity: Self-employed Individual

Industry: Other Direct Selling Establishments

Location: Orlando, FL

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Sterling Tucker is a self-employed individual located in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $2,564.00 in March, 2021.

$ PPP Loan Information
Loan #4959408600

Loan Size:

$2,564

Jobs Retained:

1

Loan Approved:

2021-03-20

Loan Status:

Ongoing Loan

Lender:

Customers Bank

Sterling Tucker in Orlando, FL received a Paycheck Protection Loan of $2,564 through Customers 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, Sterling Tucker reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,562

Business Information - Sterling Tucker in Orlando, FL

Sterling Tucker
Orlando, FL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Other Direct Selling Establishments
NAICS code 454390

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: N

HUBZone: N

Rural / Urban: Urban

Orange County, FL — SBA Office 0491 — Congressional District: FL-07

Similar Companies near Orlando

In the Orlando area, 6 businesses in the "Other Direct Selling Establishments" industry received a PPP loan. These local businesses reported an average of 32 employees (compared to this company's 1) and received an average PPP loan of $294,339 (compared to this company's $2,564).

Industry PPP Comparison Statistics

Nationwide, 36,930 businesses in the "Other Direct Selling Establishments" industry received a total of $1.2B 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 Sterling Tucker's reported 1 employees, and received an average PPP loan of $32,517, 1168% higher than this company's loan of $2,564.

SBA PPP loan data, payroll data, and salaries for Sterling Tucker
FL

Sterling Tucker

Entity: Self-employed Individual

Industry: Telecommunications Resellers

Location: Orlando, FL

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Sterling Tucker is a self-employed individual located in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $4,463.00 in May, 2020.

$ PPP Loan Information
Loan #2241357800

Loan Size:

$4,463

Jobs Retained:

1

Loan Approved:

2020-05-22

Loan Status:

Ongoing Loan

Lender:

Cross River Bank

Sterling Tucker in Orlando, FL received a Paycheck Protection Loan of $4,463 through Cross River Bank, which was approved in May, 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. 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, Sterling Tucker reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $4,463

Business Information - Sterling Tucker in Orlando, FL

Sterling Tucker
Orlando, FL
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Telecommunications Resellers
NAICS code 517911

Business Owner Demographics

Race: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: New Business or 2 years or less

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Orange County, FL — SBA Office 0491 — Congressional District: FL-10

Similar Companies near Orlando

In the Orlando area, 3 businesses in the "Telecommunications Resellers" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 1) and received an average PPP loan of $261,724 (compared to this company's $4,463).

Industry PPP Comparison Statistics

Nationwide, 2,972 businesses in the "Telecommunications Resellers" industry received a total of $443.03M 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 13 employees, 1200% higher than Sterling Tucker's reported 1 employees, and received an average PPP loan of $149,067, 3240% higher than this company's loan of $4,463.

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/sterling-tucker-orlando-fl