ALI Elachkar
PPP Loan Data — ALI Elachkar, Los Angeles, CA
ALERT: There are 2 PPP loans for a total of $26,437 in our database for businesses with the name "ALI Elachkar" in Los Angeles, 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.
$13,182 Loan - Sole Proprietorship - January, 2021
Lender: Sunwest Bank
$13,255 Loan - Sole Proprietorship - June, 2020
Lender: JPMorgan Chase Bank, National Association
Entity: Sole Proprietorship
ALI Elachkar is a sole proprietorship located in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $13,182.00 in January, 2021.
The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.
Sunwest Bank
ALI Elachkar in Los Angeles, CA received a Paycheck Protection Loan of $13,182 through Sunwest Bank, which was approved 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.
On the PPP application, ALI Elachkar reported intending to use the proceeds of their PPP loan for the following expenses:
Business Information - ALI Elachkar in Los Angeles, CA
* Full address is redacted to protect the privacy of individuals.
Race: White
Ethnicity: Not Hispanic or Latino
HUBZone: Y
Los Angeles County, CA — SBA Office 0914 — Congressional District: CA-34
Businesses Using Same Address:
There are 2 other businesses that received a PPP loan registered to the same address as ALI Elachkar.
Justin Ledden
Law Offices Of RJ Manuelian
Legal Counsel and Prosecution
Similar Companies near Los Angeles
In the Los Angeles area, 207 businesses in the "Offices of Lawyers" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 1) and received an average PPP loan of $186,770 (compared to this company's $13,182).
Phillips Jessner, LLP
Lamb & Kawakami, LLP
Ivie Mnceill, Wyatt, Purcell,& Diggs
Reed & Davidson, LLP
Sulmeyerkupetz, APC
Strategic Law Partners, LLP
Blair & Ramirez LLP
Haffner Law PC
PPP recipients in this industry report an average of 6 employees, 500% higher than ALI Elachkar's reported 1 employees, and received an average PPP loan of $81,669, 520% higher than this company's loan of $13,182.
ALI Elachkar is a sole proprietorship located in Los Angeles, California that received a Coronavirus-related PPP loan from the SBA of $13,255.00 in June, 2020.
JPMorgan Chase Bank, National Association
ALI Elachkar in Los Angeles, CA received a Paycheck Protection Loan of $13,255 through JPMorgan Chase Bank, National Association, which was approved in June, 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 March, 2021.
Utilities: $3,000
Rent: $6,784
Health Care: $3,471
Source: www.federalpay.org/paycheck-protection-program/ali-elachkar-los-angeles-ca