PPP Loan Data — Amicus Medical Group, Inc, Sunrise, FL
Amicus Medical Group, Inc is a subchapter s corporation located at 1300 Concord Terrace, Suite 210, in Sunrise, Florida that received a Coronavirus-related PPP loan from the SBA of $2,614,700.00 in April, 2020.
$ PPP Loan Information
Lender:CITY NATIONAL BANK OF FLORIDA
Amicus Medical Group, Inc received a Paycheck Protection Loan of $2.61M through CITY NATIONAL BANK OF FLORIDA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Amicus Medical Group, Inc's total 2019 payroll expenses were approximately $12.55M in order to qualify for the PPP loan amount received.
Based on their reported 182 jobs retained, this equals an estimated average yearly compensation of $68,959 per employee1.
Business Information - Amicus Medical Group, Inc in Sunrise, FL
1300 Concord Terrace, Suite 210,
Sunrise, FL 33323
Offices of Other Holding Companies (NAICS code 551112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-23
Similar Companies near Sunrise
In the Sunrise area, 9 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 182) and received an average PPP loan of $316,776 (compared to this company's $2.61M).
Similar Nearby Businesses Who Received PPP Funding:
HYB Holding LLC
JIL Holdings LLC
Fishlips Holdings LLC
RGV Management LLC
Legends Management LLC
A&P Manage My Home LLC
Industry PPP Comparison Statistics
Nationwide, 7,606 businesses in the "Offices of Other Holding Companies" industry received a total of $1,222,968,235.00 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 14 employees, 92% lower than Amicus Medical Group, Inc's reported 182 employees, and received an average PPP loan of $160,790, 94% lower than this company's loan of $2.61M.
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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