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PPP Loan Data — Central Florida Family Health Center Inc,
Sanford, FL
Central Florida Family Health Center Inc
Entity: Non-profit Organization
Industry: Offices of Physicians (except Mental Health Specialists)
Location: Sanford, FL
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Central Florida Family Health Center Inc is a non-profit organization located at 4930 E Lake Mary Blvd in Sanford, Florida that received a Coronavirus-related PPP loan from the SBA of $3,207,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
285Loan Approved:
2020-04-13Lender:
SEACOAST NATIONAL BANKCentral Florida Family Health Center Inc in Sanford, FL received a Paycheck Protection Loan of $3.21M through SEACOAST NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Central Florida Family Health Center Inc's total 2019 payroll expenses were approximately $15.39M in order to qualify for the PPP loan amount received.
Based on their reported 285 jobs retained, this equals an estimated average yearly compensation of $54,013 per employee1.
Business Information - Central Florida Family Health Center Inc in Sanford, FL
4930 E Lake Mary Blvd
Sanford, FL 32771
Business Industry
Offices of Physicians (except Mental Health Specialists) (NAICS code 621111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-07Similar Companies near Sanford
In the Sanford area, 18 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 285) and received an average PPP loan of $236,149 (compared to this company's $3.21M).
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Industry PPP Comparison Statistics
Nationwide, 114,302 businesses in the "Offices of Physicians (except Mental Health Specialists)" industry received a total of $15,789,256,580.00 in PPP loans. These businesses account for 2% of total PPP applications submitted, and received 3% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 96% lower than Central Florida Family Health Center Inc's reported 285 employees, and received an average PPP loan of $138,136, 96% lower than this company's loan of $3.21M.
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, 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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