PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Annuity Health Holdings, LLC, Boca Raton, FL

SBA PPP loan data, payroll data, and salaries for Annuity Health Holdings, LLC
FL

Annuity Health Holdings, LLC

Entity: Limited Liability Company (LLC)

Industry: Mortgage and Nonmortgage Loan Brokers

Location: Boca Raton, FL

Search All PPP Data

Annuity Health Holdings, LLC is a limited liability company (LLC) located at 2401 Nw Boca Raton Blvd in Boca Raton, Florida that received a Coronavirus-related PPP loan from the SBA of $4,900,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.9M

Jobs Retained:

250

Loan Approved:

2020-04-04

Lender:

CITY NATIONAL BANK OF FLORIDA

Annuity Health Holdings, LLC received a Paycheck Protection Loan of $4.9M through CITY NATIONAL BANK OF FLORIDA, which was approved in April, 2020.

Based on standard PPP eligibility rules, Annuity Health Holdings, LLC's total 2019 payroll expenses were approximately $23.52M in order to qualify for the PPP loan amount received.

Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $94,080 per employee1.

Because the loan received by Annuity Health Holdings, LLC 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 - Annuity Health Holdings, LLC in Boca Raton, FL

Annuity Health Holdings, LLC
2401 Nw Boca Raton Blvd
Boca Raton, FL 33431

Business Industry

Mortgage and Nonmortgage Loan Brokers (NAICS code 522310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: FL-22

Similar Companies near Boca Raton

In the Boca Raton area, 7 businesses in the "Mortgage and Nonmortgage Loan Brokers" industry received a PPP loan. These local businesses reported an average of 36 employees (compared to this company's 250) and received an average PPP loan of $711,509 (compared to this company's $4.9M).

Industry PPP Comparison Statistics

Nationwide, 4,330 businesses in the "Mortgage and Nonmortgage Loan Brokers" industry received a total of $593,727,712.00 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 9 employees, 96% lower than Annuity Health Holdings, LLC's reported 250 employees, and received an average PPP loan of $137,120, 97% lower than this company's loan of $4.9M.

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.

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/annuity-health-holdings-llc-boca-raton-fl