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

PPP Loan Data — Tony Bernard Young, Clarksdale, MS

SBA PPP loan data, payroll data, and salaries for Tony Bernard Young
MS

Tony Bernard Young

Entity: Sole Proprietorship

Industry: General Rental Centers

Location: Clarksdale, MS

Search All PPP Data

Tony Bernard Young is a sole proprietorship located in Clarksdale, Mississippi that received a Coronavirus-related PPP loan from the SBA of $8,779.00 in May, 2021.

$ PPP Loan Information
Loan #9289279009

Loan Size:

$8,779

Jobs Retained:

1

Loan Approved:

2021-05-29

Loan Status:

Ongoing Loan

Lender:

Harvest Small Business Finance, LLC

Tony Bernard Young in Clarksdale, MS received a Paycheck Protection Loan of $8,779 through Harvest Small Business Finance, LLC, which was approved in May, 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, Tony Bernard Young reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $8,779

Business Information - Tony Bernard Young in Clarksdale, MS

Tony Bernard Young
Clarksdale, MS
* Full address is redacted to protect the privacy of individuals.

Business Industry:
General Rental Centers
NAICS code 532310

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: Y

HUBZone: N

Rural / Urban: Rural

Coahoma County, MS — SBA Office 0470 — Congressional District: MS-02

Similar Companies near Clarksdale

In the Clarksdale area, 2 businesses in the "General Rental Centers" 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 $16,890 (compared to this company's $8,779).

Similar Nearby Businesses Who Received PPP Funding:

Delta Rent All Inc
Clarksdale, MS

$25,000 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 2,803 businesses in the "General Rental Centers" industry received a total of $219.08M 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 9 employees, 800% higher than Tony Bernard Young's reported 1 employees, and received an average PPP loan of $78,158, 790% higher than this company's loan of $8,779.

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/tony-bernard-young-clarksdale-ms