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PPP Loan Data — Broadview Investments, LLC, Athens, GA

SBA PPP loan data, payroll data, and salaries for Broadview Investments, LLC
GA

Broadview Investments, LLC

Entity: Limited Liability Company (LLC)

Industry: Pharmaceutical Preparation Manufacturing

Location: Athens, GA

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Broadview Investments, LLC is a limited liability company (LLC) located at 297 Prince Ave, Suite 11 in Athens, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,564,902.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 295 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$4.56M

Jobs Retained:

295

Loan Approved:

2020-04-09

Lender:

NORTHEAST GEORGIA BANK

Broadview Investments, LLC received a Paycheck Protection Loan of $4.56M through NORTHEAST GEORGIA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Broadview Investments, LLC's total 2019 payroll expenses were approximately $21.91M in order to qualify for the PPP loan amount received.

Based on their reported 295 jobs retained, this equals an estimated average yearly compensation of $74,276 per employee1.

Because the loan received by Broadview Investments, 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 - Broadview Investments, LLC in Athens, GA

Broadview Investments, LLC
297 Prince Ave, Suite 11
Athens, GA 30601

Business Industry

Pharmaceutical Preparation Manufacturing (NAICS code 325412)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: GA-09

Industry PPP Comparison Statistics

Nationwide, 1,351 businesses in the "Pharmaceutical Preparation Manufacturing" industry received a total of $515,322,883.00 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 22 employees, 93% lower than Broadview Investments, LLC's reported 295 employees, and received an average PPP loan of $381,438, 92% lower than this company's loan of $4.56M.

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.

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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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Source: www.federalpay.org/paycheck-protection-program/broadview-investments-llc-athens-ga