PPP Loan Data — Child And Family Development Center, Pensacola, FL
Child And Family Development Center
Entity: Sole Proprietorship
Location: Pensacola, FLTweet This • Search All PPP Data
Child And Family Development Center is a sole proprietorship located at 900 Garden Gate Cir in Pensacola, Florida that received a Coronavirus-related PPP loan from the SBA of $24,843.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Child And Family Development Center in Pensacola, FL received a Paycheck Protection Loan of $24,843 through Beach 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 May, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Child And Family Development Center's 2019 payroll expenses are estimated to be at least $119,246.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $39,749 per employee1
Reported PPP Proceed Usage:
On the PPP application, Child And Family Development Center reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $20,411
- Utilities: $2,022
- Mortgage Interest: $2,410
Business Information - Child And Family Development Center in Pensacola, FL
900 Garden Gate Cir
Pensacola, FL 32504
Offices of Mental Health Practitioners (except Physicians)
NAICS code 621330
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Pensacola
In the Pensacola area, 6 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a PPP loan. These local businesses reported an average of 47 employees (compared to this company's 3) and received an average PPP loan of $482,394 (compared to this company's $24,843).
Similar Nearby Businesses Who Received PPP Funding:
Ronald C. Yarbrough PHD, PA
J Warren Toms, PHD
Woodlands Medical Specialists, PA
Industry PPP Comparison Statistics
Nationwide, 35,652 businesses in the "Offices of Mental Health Practitioners (except Physicians)" industry received a total of $1.26B 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, 33% higher than Child And Family Development Center's reported 3 employees, and received an average PPP loan of $35,352, 42% higher than this company's loan of $24,843.
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Footnotes & Information
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