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PPP Loan Data — Tesfield Lennon,
North Lauderdale, FL
Tesfield Lennon
Entity: Sole Proprietorship
Industry: Administrative Management and General Management Consulting Services
Location: North Lauderdale, FL
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Tesfield Lennon is a sole proprietorship located in North Lauderdale, Florida that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in February, 2021.
The company has reported itself as a Black or african american male owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #2451348508
Loan Size:
Jobs Retained:
1Loan Approved:
2021-02-20Loan Status:
Paid in Full or ForgivenLender:
Cross River BankTesfield Lennon in North Lauderdale, FL received a Paycheck Protection Loan of $20,833 through Cross River Bank, 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 May, 2022.
Reported PPP Proceed Usage:
On the PPP application, Tesfield Lennon reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,833
Business Information - Tesfield Lennon in North Lauderdale, FL
North Lauderdale, FL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Administrative Management and General Management Consulting Services
NAICS code 541611
Business Owner Demographics
Race: Black or African American
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
Similar Companies near North Lauderdale
In the North Lauderdale area, 47 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 12 employees (compared to this company's 1) and received an average PPP loan of $130,237 (compared to this company's $20,833).
Similar Nearby Businesses Who Received PPP Funding:
Next! Hospitality Advisors, Inc
Parkland, FL
Social One Consulting Services LLC
North Lauderdale, FL
BNT Enterprises LLC
North Lauderdale, FL
Cassandra Sarmiento
Pompano Beach, FL
Jaccin Jean Baptiste
Coral Springs, FL
Pierre Enterprises Of S. Florida LLC
Pompano Beach, FL
Kristin Yockus
Coral Springs, FL
Destany Cherenfant
North Lauderdale, FL
Medically Necessary Inc
Pompano Beach, FL
Industry PPP Comparison Statistics
Nationwide, 92,497 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $5.46B 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 5 employees, 400% higher than Tesfield Lennon's reported 1 employees, and received an average PPP loan of $58,976, 183% higher than this company's loan of $20,833.
Tesfield Lennon
Entity: Sole Proprietorship
Industry: All Other Professional, Scientific, and Technical Services
Location: North Lauderdale, FL
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•
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Tesfield Lennon is a sole proprietorship located in North Lauderdale, Florida that received a Coronavirus-related PPP loan from the SBA of $20,833.00 in July, 2020.
The company has reported itself as a Black or african american male owned business, and employed at least one person during the applicable loan loan period.
$
PPP Loan Information
Loan #5867908104
Loan Size:
Jobs Retained:
1Loan Approved:
2020-07-20Loan Status:
Paid in Full or ForgivenLender:
Fundbox, Inc.Tesfield Lennon in North Lauderdale, FL received a Paycheck Protection Loan of $20,833 through Fundbox, Inc., which was approved in July, 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 October, 2021.
Reported PPP Proceed Usage:
On the PPP application, Tesfield Lennon reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,833
Business Information - Tesfield Lennon in North Lauderdale, FL
North Lauderdale, FL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
All Other Professional, Scientific, and Technical Services
NAICS code 541990
Business Owner Demographics
Race: Black or African American
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
Similar Companies near North Lauderdale
In the North Lauderdale area, 171 businesses in the "All Other Professional, Scientific, and Technical Services" 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 $31,487 (compared to this company's $20,833).
Similar Nearby Businesses Who Received PPP Funding:
Ruthann Merchant
North Lauderdale, FL
Lourdjy V Georges
Margate, FL
MIS Partners Inc
Margate, FL
Shalonda Larkin
Pompano Beach, FL
Brina St Julien
North Lauderdale, FL
Frederic Jeune
North Lauderdale, FL
Sylvia Penna And Associates
Pompano Beach, FL
Margaret Moreno
Margate, FL
WMM Of Florida Inc
Parkland, FL
Industry PPP Comparison Statistics
Nationwide, 128,283 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.38B 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 5 employees, 400% higher than Tesfield Lennon's reported 1 employees, and received an average PPP loan of $57,491, 176% higher than this company's loan of $20,833.
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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