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PPP Loan Data — Westley Company Inc,
Southwest Ranches, FL
Westley Company Inc
Entity: Corporation
Industry: All Other Specialty Trade Contractors
Location: Southwest Ranches, FL
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Westley Company Inc is a corporation located in Southwest Ranches, Florida that received a Coronavirus-related PPP loan from the SBA of $10,625.00 in February, 2021.
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PPP Loan Information
Loan #2180148406
Loan Size:
Jobs Retained:
1Loan Approved:
2021-02-03Loan Status:
Ongoing LoanLender:
Customers BankWestley Company Inc in Southwest Ranches, FL received a Paycheck Protection Loan of $10,625 through Customers Bank, which was approved in February, 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.
Reported PPP Proceed Usage:
On the PPP application, Westley Company Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,625
Business Information - Westley Company Inc in Southwest Ranches, FL
Southwest Ranches, FL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
All Other Specialty Trade Contractors
NAICS code 238990
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
Similar Companies near Southwest Ranches
In the Southwest Ranches area, 18 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 1) and received an average PPP loan of $32,967 (compared to this company's $10,625).
Similar Nearby Businesses Who Received PPP Funding:
Luscious Landscaping
Davie, FL
Regency Pool And Spa Of Florida Inc
Fort Lauderdale, FL
Russ Morgan
Weston, FL
James A Ivoy
Fort Lauderdale, FL
J & D 2 Inc
Davie, FL
All Star Pavers Inc
Davie, FL
Bjarne Snopestad
Weston, FL
International Fire & Safety Supply Corp
Weston, FL
Bjarne Snopestad Solutions (Bsr Solutions)
Weston, FL
Industry PPP Comparison Statistics
Nationwide, 92,275 businesses in the "All Other Specialty Trade Contractors" industry received a total of $8.02B 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 8 employees, 700% higher than Westley Company Inc's reported 1 employees, and received an average PPP loan of $86,934, 718% higher than this company's loan of $10,625.
Westley Company Inc
Entity: Corporation
Industry: Residential Remodelers
Location: Southwest Ranches, FL
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Westley Company Inc is a corporation located in Southwest Ranches, Florida that received a Coronavirus-related PPP loan from the SBA of $10,625.00 in May, 2020.
$
PPP Loan Information
Loan #9134757700
Loan Size:
Jobs Retained:
1Loan Approved:
2020-05-01Loan Status:
Ongoing LoanLender:
Customers BankWestley Company Inc in Southwest Ranches, FL received a Paycheck Protection Loan of $10,625 through Customers Bank, which was approved in May, 2020.
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.
Reported PPP Proceed Usage:
On the PPP application, Westley Company Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,625
Business Information - Westley Company Inc in Southwest Ranches, FL
Southwest Ranches, FL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Residential Remodelers
NAICS code 236118
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
Similar Companies near Southwest Ranches
In the Southwest Ranches area, 26 businesses in the "Residential Remodelers" 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 $11,966 (compared to this company's $10,625).
Similar Nearby Businesses Who Received PPP Funding:
Best Bet Interiors Inc
Weston, FL
Dario Moncada
Southwest Ranches, FL
Gallagher Building Enterprises LLC
Weston, FL
Raul E. Araujo
Weston, FL
JDP Construction
Southwest Ranches, FL
Alex M. Rodriguez General Contractors Inc
Fort Lauderdale, FL
Rcll Corp
Davie, FL
EGC Group LLC
Weston, FL
Industry PPP Comparison Statistics
Nationwide, 166,608 businesses in the "Residential Remodelers" industry received a total of $5.16B 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 3 employees, 200% higher than Westley Company Inc's reported 1 employees, and received an average PPP loan of $30,994, 192% higher than this company's loan of $10,625.
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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