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PPP Loan Data — Advanced Pharmaceutical Consultants,Inc, Miami, FL

SBA PPP loan data, payroll data, and salaries for Advanced Pharmaceutical Consultants,Inc
FL

Advanced Pharmaceutical Consultants,Inc

Entity: Subchapter S Corporation

Industry: Administrative Management and General Management Consulting Services

Location: Miami, FL

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Advanced Pharmaceutical Consultants,Inc is a subchapter s corporation located at 555 Ne 15th Street Suite 200 in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $3,936,917.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 400 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.94M

Jobs Retained:

400

Loan Approved:

2020-04-15

Lender:

WEBBANK

Advanced Pharmaceutical Consultants,Inc in Miami, FL received a Paycheck Protection Loan of $3.94M through WEBBANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Advanced Pharmaceutical Consultants,Inc's total 2019 payroll expenses were approximately $18.9M in order to qualify for the PPP loan amount received.

Based on their reported 400 jobs retained, this equals an estimated average yearly compensation of $47,243 per employee1.

Because the loan received by Advanced Pharmaceutical Consultants,Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Advanced Pharmaceutical Consultants,Inc in Miami, FL

Advanced Pharmaceutical Consultants,Inc
555 Ne 15th Street Suite 200
Miami, FL 33132

Business Industry

Administrative Management and General Management Consulting Services (NAICS code 541611)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: FL-24

Similar Companies near Miami

In the Miami area, 99 businesses in the "Administrative Management and General Management Consulting Services" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 400) and received an average PPP loan of $140,929 (compared to this company's $3.94M).

Industry PPP Comparison Statistics

Nationwide, 42,814 businesses in the "Administrative Management and General Management Consulting Services" industry received a total of $3,692,368,152.00 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 6 employees, 99% lower than Advanced Pharmaceutical Consultants,Inc's reported 400 employees, and received an average PPP loan of $86,242, 98% lower than this company's loan of $3.94M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. 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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/advanced-pharmaceutical-consultants-inc-miami-fl