PPP Loan Data — CH Employment Services LLC, Miami, FL
CH Employment Services LLC is a limited liability company (LLC) located at 2200 Biscayne Blvd in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $4,939,600.00 in April, 2020.
$ PPP Loan Information
CH Employment Services LLC in Miami, FL received a Paycheck Protection Loan of $4.94M through CITIBANK, N.A., which was approved in April, 2020.
Based on standard PPP eligibility rules, CH Employment Services LLC's total 2019 payroll expenses were approximately $23.71M in order to qualify for the PPP loan amount received.
Based on their reported 345 jobs retained, this equals an estimated average yearly compensation of $68,725 per employee1.
Business Information - CH Employment Services LLC in Miami, FL
2200 Biscayne Blvd
Miami, FL 33137
Lessors of Residential Buildings and Dwellings (NAICS code 531110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-24
Similar Companies near Miami
In the Miami area, 18 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 345) and received an average PPP loan of $324,877 (compared to this company's $4.94M).
Similar Nearby Businesses Who Received PPP Funding:
Bernardita Banfi, PA
San Marco Multifamily Ventures, LLC
G & L One Enterprises LLC
22 Plaza Corp
Dominion Tower Lc
Industry PPP Comparison Statistics
Nationwide, 20,568 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $1,664,555,814.00 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 8 employees, 98% lower than CH Employment Services LLC's reported 345 employees, and received an average PPP loan of $80,929, 98% lower than this company's loan of $4.94M.
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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