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

PPP Loan Data — Tonoccus Mcclain, North Hollywood, CA

ALERT: There are 2 PPP loans for a total of $4,534 in our database for businesses with the name "Tonoccus Mcclain" in North Hollywood, CA. 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 Tonoccus Mcclain
CA

Tonoccus Mcclain

Entity: Sole Proprietorship

Industry: All Other Professional, Scientific, and Technical Services

Location: North Hollywood, CA

Search All PPP Data

Tonoccus Mcclain is a sole proprietorship located in North Hollywood, California that received a Coronavirus-related PPP loan from the SBA of $2,267.00 in May, 2021.

$ PPP Loan Information
Loan #8047919003

Loan Size:

$2,267

Jobs Retained:

1

Loan Approved:

2021-05-27

Loan Status:

Active Un-Disbursed

Lender:

Leader Bank, National Association
PPP Funds Undisbursed

Tonoccus Mcclain in North Hollywood, CA received a Paycheck Protection Loan of $2,267 through Leader Bank, National Association, which was approved in May, 2021.

While this loan has been approved by the Small Business Administration, the lender has not reported to the SBA that the loan funds were disbursed to the borrower. According to SBA records, a total of $2,267 in approved PPP funding has not been disbursed. The loan's status was last updated by the SBA in May, 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, Tonoccus Mcclain reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,265

Business Information - Tonoccus Mcclain in North Hollywood, CA

Tonoccus Mcclain
North Hollywood, CA
* 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: 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

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-29

Similar Companies near North Hollywood

In the North Hollywood area, 99 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 $39,903 (compared to this company's $2,267).

Industry PPP Comparison Statistics

Nationwide, 129,763 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.41B 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 Tonoccus Mcclain's reported 1 employees, and received an average PPP loan of $57,091, 2418% higher than this company's loan of $2,267.

SBA PPP loan data, payroll data, and salaries for Tonoccus Mcclain
CA

Tonoccus Mcclain

Entity: Sole Proprietorship

Industry: All Other Professional, Scientific, and Technical Services

Location: North Hollywood, CA

Search All PPP Data

Tonoccus Mcclain is a sole proprietorship located in North Hollywood, California that received a Coronavirus-related PPP loan from the SBA of $2,267.00 in March, 2021.

$ PPP Loan Information
Loan #9067298601

Loan Size:

$2,267

Jobs Retained:

1

Loan Approved:

2021-03-25

Loan Status:

Ongoing Loan

Lender:

Customers Bank

Tonoccus Mcclain in North Hollywood, CA received a Paycheck Protection Loan of $2,267 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.


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, Tonoccus Mcclain reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $2,265

Business Information - Tonoccus Mcclain in North Hollywood, CA

Tonoccus Mcclain
North Hollywood, CA
* 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: Unreported

Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: Y

Rural / Urban: Urban

Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-29

Similar Companies near North Hollywood

In the North Hollywood area, 99 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 $39,903 (compared to this company's $2,267).

Industry PPP Comparison Statistics

Nationwide, 129,763 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $7.41B 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 Tonoccus Mcclain's reported 1 employees, and received an average PPP loan of $57,091, 2418% higher than this company's loan of $2,267.

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/tonoccus-mcclain-north-hollywood-ca