FederalPay.org
PPP Loan Data — Best Life Investment,
Hialeah, FL
Best Life Investment
Entity: Sole Proprietorship
Industry: Investment Advice
Location: Hialeah, FL
Tweet This
•
Search All PPP Data
Best Life Investment is a sole proprietorship located in Hialeah, Florida that received a Coronavirus-related PPP loan from the SBA of $3,750.00 in January, 2021.
$
PPP Loan Information
Loan #8617018305
Loan Size:
Jobs Retained:
1Loan Approved:
2021-01-29Loan Status:
Paid in Full or ForgivenLender:
Readycap Lending, LLCBest Life Investment in Hialeah, FL received a Paycheck Protection Loan of $3,750 through Readycap Lending, LLC, which was approved in January, 2021.
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 May, 2022.
Reported PPP Proceed Usage:
On the PPP application, Best Life Investment reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $3,749
- Utilities: $1
Business Information - Best Life Investment in Hialeah, FL
Hialeah, FL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Investment Advice
NAICS code 523930
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 31,995 businesses in the "Investment Advice" industry received a total of $1.44B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 4 employees, 300% higher than Best Life Investment's reported 1 employees, and received an average PPP loan of $45,146, 1104% higher than this company's loan of $3,750.
Best Life Investment
Entity: Sole Proprietorship
Industry: Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)
Location: Hialeah, FL
Tweet This
•
Search All PPP Data
Best Life Investment is a sole proprietorship located in Hialeah, Florida that received a Coronavirus-related PPP loan from the SBA of $10,000.00 in April, 2020.
$
PPP Loan Information
Loan #2778767206
Loan Size:
Jobs Retained:
1Loan Approved:
2020-04-16Loan Status:
Paid in Full or ForgivenLender:
Customers BankBest Life Investment in Hialeah, FL received a Paycheck Protection Loan of $10,000 through Customers Bank, which was approved in April, 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.
Reported PPP Proceed Usage:
On the PPP application, Best Life Investment reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,000
Business Information - Best Life Investment in Hialeah, FL
Hialeah, FL
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)
NAICS code 813990
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: Y
HUBZone: Y
Rural / Urban: Urban
Similar Companies near Hialeah
In the Hialeah area, 4 businesses in the "Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)" industry received a PPP loan. These local businesses reported an average of 84 employees (compared to this company's 1) and received an average PPP loan of $860,492 (compared to this company's $10,000).
Similar Nearby Businesses Who Received PPP Funding:
Manuel A Perez Ferrero
Hialeah, FL
South Florida Racing Association LLC
Hialeah, FL
Venix Immigration Consultants LLC
Hialeah, FL
Industry PPP Comparison Statistics
Nationwide, 8,711 businesses in the "Other Similar Organizations (except Business, Professional, Labor, and Political Organizations)" industry received a total of $670.12M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 9 employees, 800% higher than Best Life Investment's reported 1 employees, and received an average PPP loan of $76,928, 669% higher than this company's loan of $10,000.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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!