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PPP Loan Data — AMI Celebrity Publications LLC,
Boca Raton, FL
AMI Celebrity Publications LLC
Entity: Limited Liability Company (LLC)
Industry: All Other Publishers
Location: Boca Raton, FL
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AMI Celebrity Publications LLC is a limited liability company (LLC) located at 1000 American Media Way in Boca Raton, Florida that received a Coronavirus-related PPP loan from the SBA of $4,174,290.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
269Loan Approved:
2020-04-29Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONAMI Celebrity Publications LLC received a Paycheck Protection Loan of $4.17M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, AMI Celebrity Publications LLC's total 2019 payroll expenses were approximately $20.04M in order to qualify for the PPP loan amount received.
Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $74,485 per employee1.
Business Information - AMI Celebrity Publications LLC in Boca Raton, FL
1000 American Media Way
Boca Raton, FL 33464
Business Industry
All Other Publishers (NAICS code 511199)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-21Similar Companies near Boca Raton
In the Boca Raton area, 4 businesses in the "All Other Publishers" industry received a PPP loan. These local businesses reported an average of 142 employees (compared to this company's 269) and received an average PPP loan of $2,194,679 (compared to this company's $4.17M).
Similar Nearby Businesses Who Received PPP Funding:
American Media LLC
Boca Raton, FL
Weider Publications LLC
Boca Raton, FL
Essential Publishing Group LLC
Lake Worth, FL
Industry PPP Comparison Statistics
Nationwide, 3,151 businesses in the "All Other Publishers" industry received a total of $235,292,635.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than AMI Celebrity Publications LLC's reported 269 employees, and received an average PPP loan of $74,672, 98% lower than this company's loan of $4.17M.
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.
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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