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

PPP Loan Data — Brea Export Automotive Corp, Hialeah, FL

SBA PPP loan data, payroll data, and salaries for Brea Export Automotive Corp

Brea Export Automotive Corp

Entity: Subchapter S Corporation

Industry: New Car Dealers

Location: Hialeah, FL

Search All PPP Data

Brea Export Automotive Corp is a subchapter s corporation located at 7035 Nw 186th St in Hialeah, Florida that received a Coronavirus-related PPP loan from the SBA of $30,000.00 in February, 2021.

The company has reported itself as a Black or african american male owned business, and employed at least three people during the applicable loan loan period.

$ PPP Loan Information
Loan #1572678504

Loan Size:


Jobs Retained:


Loan Approved:


Loan Status:

Ongoing Loan


Itria Ventures LLC

Brea Export Automotive Corp in Hialeah, FL received a Paycheck Protection Loan of $30,000 through Itria Ventures LLC, which was approved in February, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Brea Export Automotive Corp's 2019 payroll expenses are estimated to be at least $144,000.

Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $48,000 per employee1

Reported PPP Proceed Usage:

On the PPP application, Brea Export Automotive Corp reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $30,000

Business Information - Brea Export Automotive Corp in Hialeah, FL

Brea Export Automotive Corp
7035 Nw 186th St
Hialeah, FL 33015

Business Industry:
New Car Dealers
NAICS code 441110

Business Owner Demographics

Race: Black or African American

Ethnicity: Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: N

HUBZone: N

Rural / Urban: Urban

Miami-dade County, FL — SBA Office 0455 — Congressional District: FL-24

Businesses Using Same Address:

There are 2 other businesses that received a PPP loan registered to the same address as Brea Export Automotive Corp.

Carlos I Cabrera
New Single-Family Housing Construction (except For-Sale Builders)

$20,532 PPP Loan

Ernesto Collazo Perez Borroto
Automotive Parts and Accessories Stores

$20,833 PPP Loan

Similar Companies near Hialeah

In the Hialeah area, 10 businesses in the "New Car Dealers" industry received a PPP loan. These local businesses reported an average of 82 employees (compared to this company's 3) and received an average PPP loan of $894,597 (compared to this company's $30,000).

Industry PPP Comparison Statistics

Nationwide, 19,862 businesses in the "New Car Dealers" industry received a total of $12.31B 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 52 employees, 1633% higher than Brea Export Automotive Corp's reported 3 employees, and received an average PPP loan of $619,791, 1966% higher than this company's loan of $30,000.

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.

Search FederalPay's Full PPP Loan Database

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's open data tools been valuable? Consider donating!

** This Document Provided By - The Civil Employee's Resource **