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PPP Loan Data — Community Rehab Associates, Inc.,
Saint Petersburg, FL
Community Rehab Associates, Inc.
Entity: Subchapter S Corporation
Industry: Office Administrative Services
Location: Saint Petersburg, FL
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Community Rehab Associates, Inc. is a subchapter s corporation located at 3950 3rd St., N., Ste. D in Saint Petersburg, Florida that received a Coronavirus-related PPP loan from the SBA of $3,234,300.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
280Loan Approved:
2020-04-27Lender:
FIRST CITRUS BANKCommunity Rehab Associates, Inc. received a Paycheck Protection Loan of $3.23M through FIRST CITRUS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Community Rehab Associates, Inc.'s total 2019 payroll expenses were approximately $15.52M in order to qualify for the PPP loan amount received.
Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $55,445 per employee1.
Business Information - Community Rehab Associates, Inc. in Saint Petersburg, FL
3950 3rd St., N., Ste. D
Saint Petersburg, FL 33703
Business Industry
Office Administrative Services (NAICS code 561110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-13Similar Companies near Saint Petersburg
In the Saint Petersburg area, 6 businesses in the "Office Administrative Services" industry received a PPP loan. These local businesses reported an average of 48 employees (compared to this company's 280) and received an average PPP loan of $549,283 (compared to this company's $3.23M).
Similar Nearby Businesses Who Received PPP Funding:
Wallens Group Inc
Saint Petersburg, FL
GS Construction Management, Inc.
St Petersburg, FL
New Image Clinique LLC
St Petersburg, FL
Preschool Business Solutions
Saint Petersburg, FL
Jamessa Sheeley
St. Petersburg, FL
Industry PPP Comparison Statistics
Nationwide, 18,417 businesses in the "Office Administrative Services" industry received a total of $1,762,719,177.00 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 9 employees, 97% lower than Community Rehab Associates, Inc.'s reported 280 employees, and received an average PPP loan of $95,712, 97% lower than this company's loan of $3.23M.
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.
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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