PPP Loan Data — CTG L'alianxa Travel Group LLC, Miami, FL
CTG L'alianxa Travel Group LLC is a limited liability company (LLC) located at 1779 Sw 3rd Ave. in Miami, Florida that received a Coronavirus-related PPP loan from the SBA of $50,200.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:City National Bank of Florida
CTG L'alianxa Travel Group LLC in Miami, FL received a Paycheck Protection Loan of $50,200 through City National Bank of Florida, 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 June, 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, CTG L'alianxa Travel Group LLC's 2019 payroll expenses are estimated to be at least $240,960.
Based on their reported 11 jobs retained, this equals an estimated average yearly compensation of $21,905 per employee1
Reported PPP Proceed Usage:
On the PPP application, CTG L'alianxa Travel Group LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $37,650
- Utilities: $12,550
Business Information - CTG L'alianxa Travel Group LLC in Miami, FL
1779 Sw 3rd Ave.
Miami, FL 33129
NAICS code 561510
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Miami
In the Miami area, 12 businesses in the "Travel Agencies" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 11) and received an average PPP loan of $20,501 (compared to this company's $50,200).
Similar Nearby Businesses Who Received PPP Funding:
UNO Entertainment LLC
FBS Fc Travel Soccer Inc
Hampton Property Rentals LLC
Pipo's Travel Corporation
SKI USA Vacations LLC
Uniglobe Candes Travel Inc
Industry PPP Comparison Statistics
Nationwide, 21,141 businesses in the "Travel Agencies" industry received a total of $882.75M 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, 64% lower than CTG L'alianxa Travel Group LLC's reported 11 employees, and received an average PPP loan of $41,755, 17% lower than this company's loan of $50,200.
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Footnotes & Information
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