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PPP Loan Data — Uncommon LLC, Hamburg, MN

SBA PPP loan data, payroll data, and salaries for Uncommon LLC
MN

Uncommon LLC

Entity: Limited Liability Company (LLC)

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: Hamburg, MN

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Uncommon LLC is a limited liability company (LLC) located in Hamburg, Minnesota that received a Coronavirus-related PPP loan from the SBA of $4,879.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.

$ PPP Loan Information
Loan #5670207204

Loan Size:

$4,879

Jobs Retained:

1

Loan Approved:

2020-04-27

Loan Status:

Paid in Full or Forgiven

Lender:

Security Bank & Trust Company

Uncommon LLC in Hamburg, MN received a Paycheck Protection Loan of $4,879 through Security Bank & Trust Company, which was approved in April, 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 January, 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, Uncommon LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $4,879

Business Information - Uncommon LLC in Hamburg, MN

Uncommon LLC
Hamburg, MN
* Full address is redacted to protect the privacy of individuals.

Business Industry:
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220

Business Owner Demographics

Race: White

Ethnicity: Not Hispanic or Latino

Gender: Male Owned

Veteran Status: Unreported

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Carver County, MN — SBA Office 0508 — Congressional District: MN-06

Similar Companies near Hamburg

In the Hamburg area, 4 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $22,836 (compared to this company's $4,879).

Industry PPP Comparison Statistics

Nationwide, 106,202 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.08B 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 10 employees, 900% higher than Uncommon LLC's reported 1 employees, and received an average PPP loan of $123,134, 2424% higher than this company's loan of $4,879.

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.

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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/uncommon-llc-hamburg-mn