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PPP Loan Data — Whitney Hubert,
Waco, TX
Whitney Hubert
Entity: Self-employed Individual
Industry: Insurance Agencies and Brokerages
Location: Waco, TX
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Whitney Hubert is a self-employed individual located in Waco, Texas that received a Coronavirus-related PPP loan from the SBA of $20,000.00 in July, 2020.
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PPP Loan Information
Loan #5662198101
Loan Size:
Jobs Retained:
1Loan Approved:
2020-07-20Loan Status:
Ongoing LoanLender:
Cross River BankWhitney Hubert in Waco, TX received a Paycheck Protection Loan of $20,000 through Cross River Bank, which was approved in July, 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, Whitney Hubert reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,000
Business Information - Whitney Hubert in Waco, TX
Waco, TX
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Insurance Agencies and Brokerages
NAICS code 524210
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age:
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Waco
In the Waco area, 69 businesses in the "Insurance Agencies and Brokerages" 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 $27,815 (compared to this company's $20,000).
Similar Nearby Businesses Who Received PPP Funding:
Kemberly M. Wardlaw
Woodway, TX
Wendy Schmidt
Waco, TX
Richard Kruger DBA None
Waco, TX
Barton Romig
Waco, TX
Brazos Valley Insurance Agency, Inc
Waco, TX
Insursolutions
Waco, TX
Michael D. Landrum LLC
Waco, TX
Brent Schofield Insurance
Waco, TX
Glenn Cannon
Waco, TX
Industry PPP Comparison Statistics
Nationwide, 148,603 businesses in the "Insurance Agencies and Brokerages" industry received a total of $5.85B 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 4 employees, 300% higher than Whitney Hubert's reported 1 employees, and received an average PPP loan of $39,368, 97% higher than this company's loan of $20,000.
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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