PPP Loan Data — Stuart Simpson, West Mclean, VA
Entity: Sole Proprietorship
Location: West Mclean, VATweet This • Search All PPP Data
Stuart Simpson is a sole proprietorship located in West Mclean, Virginia that received a Coronavirus-related PPP loan from the SBA of $4,700.00 in May, 2020.
$ PPP Loan Information
Stuart Simpson received a Paycheck Protection Loan of $4,700 through SONABANK, which was approved in May, 2020.
Because Stuart Simpson is a Sole Proprietorship reporting a single employee, the PPP loan amount received may be based on the business's total income.
Based on PPP calculation rules, this business earned $22,560 in 2019.
Business Information - Stuart Simpson in West Mclean, VA
[FULL ADDRESS REDACTED]
West Mclean, VA
Other Scientific and Technical Consulting Services (NAICS code 541690)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-11
Similar Companies near West Mclean
In the West Mclean area, 23 businesses in the "Other Scientific and Technical Consulting Services" industry received a PPP loan. These local businesses reported an average of 41 employees (compared to this company's 1) and received an average PPP loan of $887,601 (compared to this company's $4,700).
Similar Nearby Businesses Who Received PPP Funding:
Association Resource Group
Mc Lean, VA
SP Technologies LLC
Mc Lean, VA
Potomac Renewables LLC
Mc Lean, VA
Gerrard Consulting Services LLC
Hegarty Research, LLC
Mc Lean, VA
Global Research Analytics, LLC
Industry PPP Comparison Statistics
Nationwide, 14,293 businesses in the "Other Scientific and Technical Consulting Services" industry received a total of $1,499,073,773.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 7 employees, 600% higher than Stuart Simpson's reported 1 employees, and received an average PPP loan of $104,882, 2132% higher than this company's loan of $4,700.
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. 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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